In a significant policy shift, India has announced a reduction in customs duty on bourbon whiskey imports from 150% to 50%. This decision, effective from February 13, 2025, is part of India’s broader strategy to strengthen trade ties with the United States. Details of the Duty Reduction

To counter potential U.S. trade actions, India is exploring options like lowering import tariffs and boosting purchases of American goods, aiming to reduce its trade surplus and strengthen economic relations.