GAGA B2B - CONNECTING IMPORTERS AND EXPORTERS

[ad_1] NEW DELHI: US President Donald Trump has modified his April 2 executive order pertaining to reciprocal tariffs and expanded the list of exempted goods, the White House said on Saturday. These goods include bullion-related articles and certain critical minerals and pharmaceutical products subject to pending section 232 investigations regarding implications for national security.India’s exports of the newly-exempt 50-odd items amount to about $20 million annually. The products include highly specialised: nitrile compounds used in pharmaceuticals and agrochemicals; nickel waste and scrap recycled into stainless steel and batteries; lidocaine, a local anaesthetic; nick el powders for catalysts and 3D printing; nickel flakes used in conductive coatings; and high-purity precious metal articles used as bullion and inelectronics.“The order is an enabling clause which will be required by the US to operationalise its trade deals. The exemptions comprising gold impact $20-30 million...