India-China tariff war is crushed in India, where will you spend 5000 grapes, oranges, olive oil?

Last updated: April 17, 2025, 10:56 PM IST Due to the tariff War of America and China, the dumping of US agricultural products in India, which costs Rs 4,900 crore. India fears that the US will send the goods here to China, which has affected the local market … Read more highlights have increased the dumping of US agricultural products in India. The government has formed a committee to keep an eye on. India affected by America-China Tariff War. New -delhi. The flames of the tariff war, which is flawed between America and China, are also affecting India. At the moment she is just poignant, but she can also scorch in the future. In the midst of this tariff war, a new challenge arose before India. The challenge is that the US has started dumping its agricultural products such as grapes, oranges and olive oil (extra virgin olive oil) in India. The total cost of these goods amounts to about $ 590 million (about Rs 4.900 crore). China is also trying to shower its steel and other goods in India. India can become a landfill amid the struggle for two major economies. The biggest problem is that the producers of India will be more affected. According to government officials, “Due to this trade war, China’s goods do not reach America and are not going to America’s goods to China. Therefore, America will try to sell its agricultural products in India.” In 2024, the US exported a $ 141.3 billion agriculture (about Rs 11.8 Lakh Crore), of which goods worth $ 19.1 billion (about Rs 1.6 Lakh Crore) were sent to China, while India was exported to India only $ 1.9 billion (about Rs 15,800 crore). Now India is afraid that America will now try to send the goods to India, which would be sent to China. It will also affect China’s exports. In 2024, China sold agricultural goods worth $ 445 million (about Rs 3.700 crore) to India, of which products worth $ 163 million (about Rs 1.360 crore) were such that India also buys from America. If the US gives goods at cheap prices, it could take away the $ 80 million (about 670 crores) from China. To deal with this crisis on the situation, the Government of India has formed a committee for Interministics, which will watch the sudden increase in imports. The US -China tariff war has increased so much that the US imposed a 245 percent tax on China’s goods, while China increased the 125 percent fee on US goods. After 245 percent tariff, there is no reaction from China. However, China certainly said that America should not try to intimidate it. The list of agricultural products is the most important products associated with this problem include grapes, yeast, mushroom pawn, oranges, extra virgin olive oil and coffee extracts. For example, India imported $ 19 million (approximately Rs 160 crore) in 2024, of which only $ 1.8 million (about Rs 15 crore) goods came from the US. At the same time, the US sent oranges worth $ 49 million (about Rs 410 crore) to China. Likewise, in terms of extra virgin olive oil or olive oil, India bought $ 15.8 million (about Rs 132 crore) oil from around the world, while China exported olive oil worth $ 339 million (about Rs 2.830 crore) to China. Location: New Delhi, New Delhi, Delhi First published: April 16, 2025, 17:07 IST Homebusiness India is crushed in America-China Tariff War, where will you eat 5000 crores grapes, oranges