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Home > All news > Export Import, Report & Analysis, Trade > India explores US steel imports to counter Trump tariffs, eyes safeguard duties on China

India explores US steel imports to counter Trump tariffs, eyes safeguard duties on China

February 12, 2025
Reading Time: 2 minutes
India’s steel trade deficit soars to ₹26,468 crore as imports from China surge, export challenges persist

NEW DELHI : India is weighing its options to increase purchase of specialised steel – items not made in the country – from the USA as a counter to the proposed Trump tariffs. There are also plans to bring in safeguard duties as a control measure to protect domestic industry for competition from cheap Chinese dumping, top sources in the government told.

The Steel Ministry is reportedly negotiating  with the DGTR (Directorate General of Trade Remedies) to speed up the probe into alleged Chinese steel dumping into India and the re-routing of offerings through . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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