India, Feb. 15 -- India on Friday slashed tariffs on bourbon whiskey from 150 per cent to 100 per cent, a move that came after US President Donald Trump criticised the "very unfair" levies in the South Asian markets.

The 50 per cent cut on customs duty was notified on February 13, just ahead of Prime Minister Narendra Modi's meeting with Donald Trump. The basic customs duty on bourbon will be 50%, with an additional levy of 50%, bringing the total to 100%.

America is the primary exporter of bourbon whiskey to India, accounting for about one-fourth of all such alcohol imported into New Delhi, a news agency PTI report said.

In 2023-24, India imported bourbon whiskey worth USD 2.5 million. Washington and New Delhi have resolved to more th...