India Fires First Counter Move at US Tariff Regime

New Delhi proposes levies on some US goods in response to duties on metals

- Bloomberg

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

The South Asian nation has informed the World Trade Organization (WTO) that the US tariffs on these metals are "safeguard measures"—trade restrictions—that will adversely impact India's trade, according to a notification on Monday.

New Delhi reserves its right to "suspend concessions or other obligations" as a counter measure to the US duties, the notification said, citing WTO rules.