Friday 10th May 2024

USDA Undersecretary for Trade and Foreign Agricultural Affairs Alexis Taylor is optimistic about future trade opportunities with India.

Taylor told reporters during a call Wednesday that the country reduced tariffs on several agricultural products (almonds, apples, chickpeas, lentils, walnuts, blueberries, cranberries, turkeys, and frozen duck) in 2023. “USDA estimates that these tariff reductions could expand trade by approximately $345 million this year alone in additional exports,” he says.

Taylor says India’s population has 634 million people under the age of 24 and a growing middle class, making it is an important market for US agricultural goods.

   

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