India plays ball with US on imports, set to get steel duty waiver benefit
The Union Ministry of Commerce is looking at delaying the implementation of reciprocal tariffs on US imports as it looks to pave the way for a congenial 2+2 bilateral dialogue in September and get exemption from US tariff on Indian steel and aluminium.
India’s countermove to US’s decision to levy 25% and 10% duty on Indian steel and aluminium respectively almost derailed the proposed 2+2 discussions. Image source: DNA