Reported about 13 hours ago
India is contemplating imposing import duties on certain U.S. products as a retaliatory measure against U.S. tariffs on steel and aluminum, as indicated in a recent World Trade Organization document. The U.S. had previously imposed a 25% levy on these metals, affecting Indian exports valued at $7.6 billion. As part of ongoing trade negotiations, India aims to reduce its tariff gap with the U.S. while also enforcing its tariffs on cheap steel imports.
Source: YAHOO