Trade bloc to continue with tariff imposed on Indian steel since
2018
The department of commerce has started intense consultations
with relevant government departments and ministries to finalise products from
the European Union (EU) that will attract higher import duty — as part of
India’s retaliatory measures against the trade bloc’s steel tariff.
“We are in the process of finalising (the products). We are
having discussions with concerned ministerial departments to select the
products on which we will put in the tariffs,” a top government official told Business
Standard.
Last week, India informed the World Trade Organization (WTO)
that it has decided to put in retaliatory measures against the