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India likely to raise concerns on US steel tariffs in trade talks this week

  • India likely to raise concerns on US steel and aluminium tariffs during upcoming trade talks in New Delhi on June 5-6.
  • Indian exporters seeking a rollback in tariffs imposed by the US, similar to the exemption secured by the UK in its bilateral trade pact.
  • Concerns raised over potential impact on $7.5 billion worth of Indian exports to the US annually, urging for exemption with TRQ restrictions.
  • India also focusing on securing protection against potential tariff increases post-BTA signing and considering all options, including WTO retaliation, if issues persist.

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