India has imposed higher customs duties on a list of 28 U.S. goods in response to being eliminated from the Generalized System of Preferences (GSP). With removal from the GSP, products from India are no longer eligible for preferential duty-free treatment.
The increased charges have been imposed on 28 products ranging from chickpeas, phosphoric acid, apples, almonds and walnuts, according to the notice released by the Government of India Ministry of Finance. The country would net about $217 million in additional revenue from the higher tariffs. India last year announced higher tariffs on items in retaliation for the U.S. imposing higher levies on some products shipped from the South Asian nation, mirroring steps taken by China and the European Union. New Delhi, however, repeatedly deferred imposition of the new tariffs as it kept the door open for talks to avert a trade war.
See the complete list here. These new tariffs are effective as of June 16, 2019.
Source: Bloomberg