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'Reserve right to suspend' India over US auto tariff
Orissa POST
|July 05, 2025
The safeguard measures would affect $2,895 million imports annually into the United States of the relevant products originating in India, on which the duty collection would be $723.75 million
India Friday proposed imposing retaliatory duties under the WTO (World Trade Organisation) norms against US over American tariffs on automobile sector in the name of safeguard measures.
"The proposed suspension of concessions or other obligations would take the form of an increase in tariffs on selected products originating in the United States,” according to a notification of the WTO being circulated at the request of India.
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