India seeks WTO talks as trade tiff emerges from EU

India and EU are negotiating a free-trade deal.

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Nations COMTRADE database. Ferro-alloys such as silico-manganese, ferro-manganese and ferro-silicon, which are essential inputs for steelmaking in Europe, accounted for about $381 million.

While total Indian exports to the EU in the category may be small, the bloc's move increases uncertainty even as the two sides are engaged in talks for a free-trade pact. India is already negotiating a trade deal with the US to avoid the 50% tariffs. Earlier this month, Mexico approved up to 50% tariffs on cars imported from countries, including India, that do not have a trade pact with it.