As India and the US negotiate a trade agreement before US President Trump’s tariff deadline, Indian dry fruit importers are delaying customs clearances for US walnuts and almonds. Anticipating a significant reduction in import duties, potentially around 50%, importers are willing to pay penalties for delayed clearance to avoid financial losses if duties decrease after goods are cleared at current rates.
India-US trade deal: Why Indian importers are delaying clearance of American dry fruits?
