America’s most popular bombon whiskey, known for the indication of sweetness, has received a sweet deal in India. PM Modi, a few hours before the bilateral talks with US President Donald Trump, where the two leaders discussed trade and tariffs between several issues, India reduced the import duty on Borbon Whiskey by 66.6 percent – effectively Its cost was made one third. It is currently.
In the leading days and weeks for the major meeting between two global leaders, India heated to interact with the US by announcing significant tariff cuts on several US products as a gesture to promote trade.
Borbon whiskey has a drastic fall in customs – from 150 percent to 50 percent – was informed by the Revenue Department on 13 February. However, the reduction in tariffs is especially for bombon whiskey. All other imported alcoholic beverages will continue to attract 100 percent import duty.
The American borbon is one-fourth or 25 percent of all such alcohol imports in whiskey. In 2023–24, India imported borbon whiskey of US $ 2.5 million. Major exporting countries include the US (USD 0.75 million), UAE (USD 0.54 million), Singapore (USD 0.28 million) and Italy (USD 0.23 million).
In a press briefing at the beginning of his meeting with Prime Minister Narendra Modi, US President Donald Trump said “Prime Minister Modi is a great leader,” saying that “we are going to do some amazing business deals for India and America. .
The two leaders held another press conference immediately after bilateral talks, where trade for high on agenda. Asked by a reporter, who is a difficult negotiator, Donald Trump said, “He (PM Modi) is more difficult than me and he is a better negotiator than me. There is not even a competition.”
In a joint statement issued by the two countries, India and the US have promised to double a two-way trade by USD 2030 and to reduce duties and increase market reach. Has announced plans for. Both nations.
What is Bourbon Whiskey?
Bourbon is a type of American whiskey made of corn. It is known for its light sweet taste. In the charge oak barrel, the aged, borbon is made with at least 51 percent corn – this is the same that gives it a different taste. As Scotch whiskey can technically be made only in Scotland, borbon whiskey can also technically be made only in the United States.
In 1964, Borbon was recognized by the US Congress as a “United States specific product”. The largest bombon in the United States is distiller Kentki and Tennessi states.
Major brands of Borbon Whiskey available in India include Jack Daniel, Jim Beam, Woodford Reserve, Makers Mark, Gentleman Jack and Old Forester.
