New Delhi - The imposition of tariffs by the US on imports from Mexico, Canada and China will affect the Indian steel industry as the country will become the natural target for cheap Chinese steel at a time when local players are undergoing a major capacity enhancement phase, industry experts said. The Trump administration imposed 25% tariffs on imports from Mexico and Canada recently. The US also doubled the tariff on all Chinese imports to 20%.

“USA under the new President has announced new tariffs on China, Mexico and Canada. China is a major . . .