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India to cite recent duty cuts in bid to escape Trump tariffs

IndiaTimes Monday, 10 February 2025
President Trump has issued new threats of a 25% tariff on steel and aluminium imports, targeting countries like India. India's recent reductions in duties may help soothe tensions during PM Modi's upcoming meeting with Trump. Despite the tariff threat, Indian steel and aluminium exports to the US are unlikely to be significantly impacted.
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Video Credit: Oneindia - Published
News video: Trump Declares 25% Tariffs on All Steel & Aluminum Imports – Major Trade War Escalation Looms

Trump Declares 25% Tariffs on All Steel & Aluminum Imports – Major Trade War Escalation Looms 03:54

 In a major escalation of his trade policy, President Donald Trump has announced that the United States will impose a sweeping 25% tariff on all steel and aluminum imports, with additional metal duties expected later this week. Speaking aboard Air Force One, Trump also revealed plans for reciprocal...

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