Trump tariff: Steel, aluminium untouched; metal exporters breathe easy
Friday, 4 April 2025 Metal exporters in India are relieved as the White House exempts steel and aluminium from an additional 27% duty, though a 25% tariff remains. Copper is also spared from reciprocal tariffs. Experts note that major issues may arise from secondary effects if a tariff conflict ensues, but the proposed 12% safeguard duty could protect India's steel sector.
Indian exporters are under pressure as US buyers seek 15–20% discounts on goods ordered before recent tariff hikes. Smaller exporters, especially in clothing and gems, are seeing delayed orders, while larger retailers remain steady. The tariff burden is leading to split-cost negotiations between...
Chinese exporters seek new markets to offset US tariff impact amid trade war
Key to this are trade fairs, where many can showcase their products and create sales channels to offset tariff..
Credit: euronews (in English) Duration: 00:56Published
President Donald Trump is threatening a massive 200 percent tariff on champagne and wine from Europe in the latest escalation of a bitter trade war. The president lashed out at the..
EU strikes back against US steel and aluminium tariffs with retaliatory package
European Commission president Ursula von der Leyen announced a response to new US tariffs on steel and aluminium..
Credit: euronews (in English) Duration: 01:25Published
Friday, 4 April 2025
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