India Imposes Retaliatory Tariffs on US Steel, Aluminum
In response to continued US tariffs on Indian steel and aluminum, imposed under the guise of national security, India has proposed retaliatory duties under WTO rules. These duties, targeting $7.6 billion in US imports, aim to recoup an equivalent amount of lost revenue. India previously sought consultations with the US through the WTO’s safeguard agreement, arguing the tariffs are inconsistent with GATT 1994 and the Agreement on Safeguards. Failing to resolve the issue through consultation, India reserves the right to implement these countermeasures after a 30-day waiting period.
John Q. Hosedrinker