Trump tariffs on steel and aluminium likely to be a double whammy for Indian producers

  • Posted on February 10, 2025
  • By Business News Today
  • 2 Views
Trump tariffs on steel and aluminium likely to be a double whammy for Indian producers

Donald Trump's 25% tariff on steel and aluminium imports may increase competition for Indian exporters. This move could push Chinese steel into markets like Southeast Asia and the Middle East, causing price pressures. India might face increased steel imports and lowered steel prices due to this global shift in steel market dynamics.
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