India imposes tariff on some steel products for three years to curb cheap imports

India has imposed a three-year safeguard duty of 11% to 12% on select steel imports, mainly to curb shipments from China. The tariff will start at 12% in the first year, ease to 11.5% in the second, and fall further to 11% in the third year.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *