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India demands compensation for US steel and aluminium tariffs at WTO

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

India has followed the European Union and China by demanding compensation from the United States at the World Trade Organization (WTO) for US steel and aluminium tariffs, documents filed to the WTO showed on Tuesday. Like the EU and China, India said it regarded the US tariffs as “safeguards” under the WTO rules, entitling it …

India has followed the European Union and China by demanding compensation from the United States at the World Trade Organization (WTO) for US steel and aluminium tariffs, documents filed to the WTO showed on Tuesday.

Like the EU and China, India said it regarded the US tariffs as “safeguards” under the WTO rules, entitling it to ask for compensation for loss of steel and aluminium exports to the United States.

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

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