NEW DELHI : India has revised its proposal to impose retaliatory duties under the WTO (World Trade Organization) norms against the US over American tariffs on steel and aluminium in view of the further hike in duty by the Trump administration.
The US first imposed 25 per cent tariffs on imports of aluminium, steel and derivative articles on March 12. Again, on June 3, the taxes were hiked to 50 per cent.
“Without prejudice to its earlier notification to the Council for Trade in Goods and the Committee on Safeguards dated May 12, India . . .
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