India’s Retaliatory Tariffs on U.S. Imports: A Trade Dispute in Focus

The Story So Far

India has notified the World Trade Organisation (WTO) of its intention to impose tariffs on $7.6 billion worth of imports from the United States, in response to the U.S. imposing 25% tariffs on steel and aluminium imports in March. The move, which comes into effect on May 9, is expected to mirror the impact of the U.S. tariffs on India’s exports of the same commodities. This development occurs days before the two countries announced progress on the first tranche of a bilateral trade agreement.

Recent Trade Developments

U.S. President Donald Trump reinstated 25% tariffs on steel and aluminium in March, citing the need to protect domestic industries from