US President Donald Trump Imposes 25% Tariff on Steel Imports, Impacting Indian Exports

 


Former US President Donald Trump announced a 25% tariff on all steel imports into the United States, a move that significantly impacts Indian steel exports. The tariff, introduced as part of Trump's "America First" policy, aimed to protect domestic steel manufacturers from foreign competition.

India, a key steel exporter to the US, faced challenges as the additional tariff made Indian steel less competitive in the American market. The policy led to increased costs for US industries relying on imported steel, sparking concerns among global trade partners.

This decision triggered responses from major steel-exporting nations, with India exploring countermeasures and alternative markets to mitigate losses. The tariff also raised concerns about trade relations between India and the US, highlighting the broader impact of protectionist policies on global commerce.

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