Get In Touch

India revises retaliatory tariffs on U.S. at WTO!

    Share on

India has revised its proposed retaliatory tariffs against the United States in response to the continuation of Section 232 tariffs on steel and aluminium, the World Trade Organization (WTO) said in a communication released on July 10, 2025.

The revised list includes a proposed suspension of trade concessions, where India would impose additional customs duties on selected U.S. products. This move is intended to be equivalent in value to the duties the U.S. imposed on Indian exports due to the 25% and 10% tariffs on steel and aluminium respectively, which have been in place since 2018.

India had earlier submitted a similar list in 2019 but has now updated the scope and value of the proposed countermeasures. While the specific U.S. goods targeted were not publicly disclosed in the WTO communication, the intention is to recover trade losses stemming from the U.S. tariffs.

This marks an ongoing phase in the trade tensions between the two nations, even as both sides continue to negotiate toward a broader bilateral trade agreement.

Share:

Post a comment

Your email address will not be published. Required fields are marked *

Boeing stock crashes 8% pre-market after deadly Air India Jet disaster - Investors in shock!

Boeing stock crashes 8% pre-market after deadly Air India Jet...

Boeing shares plunge 8% in U.S. pre-market trading after Air India Dreamliner crashes, triggering fears...
India to resume trade talks with U.S. in Washington soon!

India to resume trade talks with U.S. in Washington soon!

Indian negotiation team to visit Washington for talks on interim deal and phase-one of bilateral...
₹9,000 Cr deal just shook India’s paint market—JSW buys Dulux-owner

₹9,000 Cr deal just shook India’s paint market—JSW buys Dulux-owner

JSW Paints acquires Akzo Nobel India's 74.7% stake for Rs 8,986 crore, becoming fourth-largest paint...
Trump claims India willing to cut 100% tariffs on US goods, 'but…'

Trump claims India willing to cut 100% tariffs on US...

Trump claims India offered a zero tariff trade deal but Jaishankar pushes back. Is it...
A $53M move that could shift naval power in the Indian Ocean—here’s what just happened

A $53M move that could shift naval power in the...

Mazagon Dock Shipbuilders acquires controlling stake in Sri Lanka's Colombo Dockyard for $52.96 million in...
The silent force reshaping America's economy isn't American at all!

The silent force reshaping America's economy isn't American at all!

Forbes 2025 list shows India contributing highest number of immigrant billionaires, overtaking Israel as leading...

Login

Don’t you have an account ?

Register