South Asian nation may retaliate if not given exemption
Add India to the list of U.S. allies that plan to fight America’s steel and aluminum tariffs at the World Trade Organization.
The country’s government recently told the WTO it was ready to slap retaliatory tariffs on $165 million in U.S. goods, including agricultural products, in response to the U.S. move enacting a 25 percent tariff on imported steel and a 15 percent tariff on imported aluminum. It has filed a formal complaint with the trade organization.