India proposes retaliatory duties on EU's safeguard measures on some steel products

  • Posted on September 20, 2024
  • By Business News Today
  • 1 Views
India proposes retaliatory duties on EU's safeguard measures on some steel products

India has proposed retaliatory customs duties on certain EU imports under WTO norms due to unresolved issues over the EU's safeguard measures on steel products. India claims a trade loss of USD 4.412 billion from 2018 to 2023. The EU extended these measures until 2026, affecting India's steel exports.
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