‘Without escalating dispute…’: GTRI recommends this ‘pragmatic route’ for India to deal with Donald Trump’s tariffs on steel & aluminium
[ad_1] Donald Trump announced a 50% tariff on steel and aluminium imports to the US, effective from June 4, 2025. (AI image) Donald Trump’s fresh set of tariffs on steel and aluminium products should be dealt with as a part of the India-US trade deal framework, says the Global Trade Research Initiative (GTRI). This strategy holds particular significance as India and the United States are presently engaged in comprehensive Free Trade Agreement (FTA) discussions.Last week US President Donald Trump announced a 50% tariff on steel and aluminium imports to the US, effective from June 4, 2025.GTRI recommends that India should pursue a practical approach by leveraging the current bilateral FTA discussions as a negotiation instrument with the United States.The GTRI analysis indicates that through the FTA framework, India could achieve a favourable resolution by urging the United States to remove […]