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India's Strategic Trade Move: A Pragmatic Approach

  • India notified the WTO on May 9, 2025, of its plan to impose retaliatory tariffs on select U.S. products in response to American steel and aluminum tariffs.
  • This move follows U.S. tariffs first imposed in 2018 at 25% on steel and aluminum imports, which the U.S. states are based on national security but India disputes as inconsistent with WTO safeguards rules.
  • The proposed Indian duties would target about $7.6 billion of U.S. imports and involve suspending concessions equivalent to a 26% tariff increase on selected U.S. products.
  • India described its action as a measured response under WTO norms aimed at strengthening trade talks with the U.S., which seek to raise bilateral commerce from $191 billion to $500 billion by 2030.
  • These retaliatory measures could take effect about a month after notification, reinforcing India's negotiating position without immediate retaliation amid ongoing bilateral trade discussions.
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regionalmedianews.com broke the news in on Monday, May 12, 2025.
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