Trump's tariff war helps India's edible oil prices soften by 7-8%

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Trump's tariff war helps India's edible oil prices soften by 7-8% - Business Standard

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Ever since the Trump administration hiked tariffs on imported items earlier this month, the landed price of palm oil in India, both in crude and refined forms, have softened by almost 7-8 per cent, trade data suggests.

One of the few positives for Indian consumers of US President Donald Trump’s sweeping tariffs on foreign trade partners is the drop in landed price of key edible oils in India in the last few weeks.