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India revises WTO tariff plan against US
Orissa POST
|July 11, 2025
The proposed suspension of concessions or other obligations can take the form of an increase in tariffs on selected products originating in US
India has revised its proposal to impose retaliatory duties under the WTO (World Trade Organisation) norms against US over tariffs on steel and aluminium in view of the further hike in duty by the Trump administration.
US first imposed 25 per cent tariffs on imports of aluminium, steel and derivative articles on March 12. Again, on June 3, the taxes were hiked to 50 per cent.
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