<ul data-eligibleForWebStory="false"><li>India has revised its proposed retaliatory duties against the US over steel and aluminium tariffs imposed by the US first at 25% and then increased to 50%.</li><li>India reserves the right to adjust products and tariff rates in response to the US tariff rate increase, as stated by the WTO.</li><li>The proposed suspension of concessions by India would impact $7.6 billion imports into the US, resulting in duty collection of $3.82 billion.</li><li>The proposal becomes crucial as India and the US are in talks for a Bilateral Trade Agreement, with an Indian team expected to visit Washington for trade discussions.</li></ul>

India revises proposed retaliatory duties against US over steel, aluminium tariffs in WTO

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