Brief by Shorts91 Newsdesk / 05:02am on 11 Feb 2025,Tuesday India Global
India plans to counter President Trump’s 25% tariff threat on steel and aluminum imports by citing recent duty reductions. Ahead of PM Modi's meeting with Trump, India aims to highlight its tariff cuts, including those for bikes like Harley Davidson, and the overall reduction of average duties to 10.6%. This is seen as a response to concerns about high tariffs. Despite the tariff threat, India's exports of steel and aluminum to the US remain unlikely to face significant disruptions. India hopes its strategic relationship with the US will help avoid severe trade impacts.
