NEW DELHI : US President Donald Trump’s plan to impose a 25 percent tariff on all steel and aluminium imports into the America could threaten nearly $1 billion worth of Indian exports. India’s steel export to the US are a minor fraction of the total steel exports, and the US accounts for only 5 percent of the total exports from India.
The aluminium industry, however, faces a more significant threat, as nearly 12 percent of the country’s exports are aimed for the USA. Until November 2024, India’s aluminium . . .
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