India Steel Tariffs: Government To Impose 12% Temporary Tariffs on Some Steel Products To Curb Surge in Cheap Imports From China and Other Countries, Says Report
The Indian government will impose 12% temporary tariffs on steel imports. India will soon announce the import taxes on steel to curb a surge in cheap imports from China and elsewhere, according to a report by Reuters. India is the second-biggest crude steel producer, and it imported finished steel for the second consecutive year during the 2024/25 fiscal year, which was 9.5 million metric tons. The report said India will impose 12% on some steel products for 200 days. JD Vance India Visit: US Vice President, Wife Usha Chilukuri and His Family Arrive in Delhi, Receive Warm Welcome (See Pics and Videos).
India Planning to Impose 12% on Steel Products for 200 Days
BREAKING:
India to impose 12% temporary tariff on steel imports. pic.twitter.com/gJNLU5iPjj
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