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India Retaliates Against U.S. Tariffs with WTO Notification
India Retaliates Against U.S. Tariffs with WTO Notification
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India has formally notified the World Trade Organization of its intent to raise tariffs on U.S. goods, marking its first retaliatory move against the TRUMP administration’s steel and aluminum duties. The decision comes as both nations continue negotiations toward a broader trade agreement.
New Delhi’s submission details how U.S. protectionist measures have impacted Indian trade flows. The proposed countermeasures signal growing tensions in global trade relations, though cryptocurrency markets remain unaffected by the development.
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