India, Feb. 10 -- While the India-US interim trade agreement helps restore stability after a period of trade uncertainty and signals closer strategic alignment between the two countries, its real impact will be felt in quieter ways - through how markets adjust on the ground. Here, we look beyond tariff lines to understand how the agreement may play out within India's agriculture system, where farming, processing, and energy markets are increasingly linked.
Tariff changes under the agreement: Under the interim deal, both countries have agreed to adjust tariffs selectively. India has agreed to reduce or eliminate duties on a range of US industrial, food and agricultural products. These include dried distillers' grains (DDGs), red sorghum f...
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