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.
16 Articles
16 Articles
India's Strategic Trade Move: A Pragmatic Approach
India's Strategic Trade Move: A Pragmatic Approach India is considering retaliatory duties on selected American products in response to US tariffs on steel and aluminum, an official stated ahead of crucial trade talks commencing on May 17. The move is under WTO norms, marking a pragmatic strategy to safeguard national interests.Officials describe India's stance as neither unique nor novel, instead a measured response consistent with previous Wor…
U.S. faces renewed frustration, action at WTO over Trump’s tariffs
Several trading partners are criticizing the U.S. at the World Trade Organization for the uncertainty and disruption caused by the slew of tariffs imposed by the Trump administration, especially so-called “reciprocal” tariffs that, like steel and aluminum duties, the European Union is treating as “safeguard measures” under WTO rules. During a WTO Market Access Committee meeting on Tuesday and Wednesday, the EU, Canada and Norway introduced an it…
India tells WTO it may impose retaliatory tariffs against US over steel, aluminium duty hikes
While India and the US are engaged in finalising a trade deal, a latest development has emerged with India notifying the WTO (World Trade Organisation) that it may impose retaliatory duties against the US over American tariffs on steel and aluminium in the name of safeguard measures. "The safeguard measures would affect USD 7.6 billion in imports into the US of the relevant products originating in India, on which the duty collection would be USD…
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