At the WTO, India, Japan, UK propose retaliation for U.S. steel, aluminum duties

At the WTO, India, Japan, UK propose retaliation for U.S. steel, aluminum duties

India, Japan and the United Kingdom have proposed increasing tariffs on certain U.S. products equivalent to the Trump administration’s duties on steel and aluminum, which the three countries consider “safeguard” measures, according to new World Trade Organization notifications. The moves are largely procedural and do not indicate that any of the three plans to enact the tariff increases immediately. Each country says it “reserves the right” to p…

Mettle on metal: India pushes back against US in steel, aluminium tariffs

After the US lowered tariffs on China, India said it would raise duties on American goods in response to continued steel and aluminium taxes.

India considering tariffs on US goods to counter Trump's levies

India is considering placing tariffs on some goods produced in the U.S. to counter the Trump administration's duties on steel and aluminum products, according to a document submitted to the World Trade Organization."The proposed suspension of concessions or other obligations takes the form of an increase in tariffs on selected products originating in the United States," the document dated Monday reads.The document did not disclose what kind of p…

India Proposes First Counter Move Against Trump’s Tariff Regime

India has proposed levies on some US goods in response to Washington’s duties on steel and aluminum, marking its first retaliation against President Donald Trump’s tariff regime, even as the two countries move closer to finalizing a trade deal.

India hits back: Proposes retaliatory tariffs against US’ steel and aluminium

The WTO communication explains that these US safeguard measures would impact $7.6 billion worth of imports; estimated duty collection seen at $1.91 billion.