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Home > World Business Report > India removes cotton import duties
Podcast: World Business Report
Episode:

India removes cotton import duties

Category: Business
Duration: 00:26:28
Publish Date: 2025-08-19 15:13:00
Description:

The Indian government has suspended import duties on cotton until the end of September in response to demands from industry groups. The move to exempt them from the 11% levy is seen as a relief for the textile industry, which is facing a steep 50% tariff on shipments to the US. Also, how much would you pay for a cup of coffee? If you're in the US, you could be about to pay a whole lot more due to tariffs. And prices for obesity-treatment drug in the US are expected to drop as Novo Nordisk halves the price of Ozempic.

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