India Revises Proposed Retaliatory Duties Against U.S. over Steel, Aluminium Tariffs: WTO
INDIA, JUL 11 – India plans to impose $3.82 billion in tariffs on US steel and aluminum after the US doubled its duties to 50%, citing WTO rules and ongoing trade negotiations.
8 Articles
8 Articles
India revises proposed retaliatory duties against U.S. over steel, aluminium tariffs: WTO
India has revised its proposal to impose retaliatory duties under the WTO (World Trade Organisation) norms against the U.S. over American tariffs on steel and aluminium in view of the further hike in duty by the Trump administration
India is going to drop tariffs: Trump hints at ‘Liberation Day’ trade victory a day before April 2 deadline
US President Donald Trump said that he heard India is set to reduce tariffs significantly, aligning trade practices with US allies. India has offered tariff concessions on US agricultural imports and cut customs duties on several goods. Both countries are working towards an early trade deal as the April 2 deadline for reciprocal tariffs approaches.
US, India close to interim trade deal that could cap tariffs below 20%
New Delhi: The United States and India are reportedly nearing an interim trade agreement that could cap proposed tariffs at below 20%, in what may become a significant milestone in bilateral trade relations, according to a Bloomberg report. Citing sources familiar with the discussions, the report states that India may avoid receiving a formal demand letter on tariff changes, unlike several other nations. Instead, the two countries are expected t…
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