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India weighs moves as US doubles metal safeguards
Business Standard
|June 03, 2025
Three options on the table — Retaliation, WTO action, or talks
India is considering three options after the US doubled steel and aluminum safeguard duties to 50 percent, further straining bilateral trade ties.
"At present, there are three options on the table. We can press that the US measure is a safeguard duty and impose retaliatory tariffs. Since the US disagrees, it may retaliate. This can go on and on potentially. India can also file a dispute at the World Trade Organization (WTO), like some other countries. We can also continue to talk bilaterally and arrive at some arrangement. These are the full set of options. We are yet to take a final call," a government official said.
This story is from the June 03, 2025 edition of Business Standard.
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