Business Today

Battleground WTO

While the first move will raise a tariff barrier and, thereby, make steel and aluminium imports (including from India) less competitive, the second is aimed at attacking all the key incentives that India provides to help its exporters remain competitive in global markets.

Days after POTUS Donald Trump imposed steep tariffs on steel and aluminium imports to the United States, the office of the US Trade Representative (USTR) the body responsible for developing and coordinating US international trade policies has challenged India's export subsidy programmes at the World Trade Organisation (WTO). While the first move will

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