Trump’s 50 per cent tariff on steel and aluminium imports threatens India’s $5 billion export sector: Experts
Monday, 2 June 2025
India's engineering exports face significant headwinds as the US prepares to impose a 50% tariff on steel and aluminium imports, effective June 4, 2025. This move, doubling existing duties, threatens approximately $5 billion in annual exports, prompting concerns from the EEPC and AAI.
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