India will instantly cut back its 150% import tariff on Bourbon to 100%.
The information follows talks between US president Donald Trump and Indian prime minister Narendra Modi on the White Home within the US.
In 2024, India was the twenty third largest export marketplace for American whiskeys.
American whiskey exports to India had been value US$8.8 million final yr.
Commerce physique the Distilled Spirits Council of the US (Discus) welcomed the transfer.
Chris Swonger, president and CEO of Discus, mentioned: “We applaud president Trump for his management in securing this historic discount of India’s prohibitive tariff on Bourbon.
“This important accomplishment opens alternatives for US distillers to extend their exports to the world’s largest whiskey market and bolster American manufacturing jobs.
“India’s 150% tariff on Bourbon imports has severely restricted entry to the Indian marketplace for US spirits exporters for a lot too lengthy.
“We thank president Trump and prime minister Modi for his or her collaboration. Let’s make American whiskey nice in India.”
In partnership with the US Division of Agriculture, Discus has been campaigning in India since 2023 to teach Indian importers and media in regards to the distinctive qualities and flexibility of American whiskey and different spirits from the US.
Tariffs have weighed heavy on the spirits business since Trump returned to the White Home. Earlier than he was reinstated, he had promised to introduce 25% tariffs on imports from Canada and Mexico, which might have affected Canadian whisky, Tequila and mezcal, amongst different spirits from each nations.
Final week, he introduced plans to observe via along with his earlier proposal. Nevertheless, he U-turned on his choice 24 hours later, and has postponed the tariffs till 4 March.
The choice got here following talks with Mexican president Claudia Sheinbaum, who agreed to strengthen the northern border with troops, in alternate for the US’s cooperation to restrict the circulation of weapons into Mexico.
Profitable talks with Canadian prime minister Justin Trudeau resulted in an settlement that Trudeau would reinforce his nation’s border with the US to deal with migration and clamp down on the drug fentanyl from coming into the US.
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