India takes US steel, aluminium tariffs complaint to the World Trade Organisation
India’s retaliation claim seeks to recoup a cost of US$31 million levied on its aluminium exports and US$134 million on steel
India has launched a complaint against the United States to challenge US President Donald Trump’s tariffs on steel and aluminium, a filing published by the World Trade Organisation showed on Wednesday.
Indian officials said last month that their government would open a WTO dispute if the country’s firms were not granted an exemption.
Trump imposed the tariffs in March, levying 25 per cent on steel imports and 10 per cent on aluminium. He said they were justified by national security concerns and therefore outside the WTO’s remit.
India, China, Russia, Japan, Turkey and the European Union have all dismissed that claim, regarding the US tariffs as “safeguards” under the WTO rules, entitling them to a combined US$3.5 billion in annual compensation.
India’s retaliation claim seeks to recoup a cost of US$31 million levied on its aluminium exports and US$134 million on steel, and it has said it could target US exports of soya oil, palm olein and cashew nuts in its retaliation.