Summary
President Donald Trump's tariffs on Indian goods have caused prices to rise, affecting exports like Indian fox nuts. These tariffs aim at Indian imports of Russian oil, impacting several sectors and reducing fox nut sales to the U.S. However, fox nuts continue to find new markets and demand in other countries and within India.
Key Facts
- President Trump imposed a 50% tariff on Indian goods.
- Fox nuts, or makhana, are popular for their health benefits.
- The price of some Indian products, like fox nuts, has doubled in the U.S.
- Tariffs are partly a response to India importing Russian oil.
- Exporters of fox nuts report a 40% drop in sales to the U.S.
- India produces 90% of the world’s fox nuts, mainly in Bihar.
- Fox nut farming supports about 150,000 farmers in India.
- Despite challenges, fox nuts are gaining popularity in other markets.
