India has no basis to hit back against steel, auto tariffs: US

  • Posted on July 17, 2025
  • By Business News Today
  • 1 Views
India has no basis to hit back against steel, auto tariffs: US

The US has informed the WTO that India's proposed retaliatory tariffs on American steel, aluminum, and automobiles lack a legal foundation. This stance comes after India asserted that US safeguard measures would significantly impact its exports, leading to substantial duty collections. The US defends its tariffs under a national security statute, even as bilateral trade agreement talks continue.
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