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Reported Earlier, 'India To Put 12% Temporary Tariff On Steel To Curb Cheap China Imports, Source Says' - Reuters News

Benzinga·04/21/2025 13:54:16
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https://www.reuters.com/world/china/india-put-12-temporary-tariff-steel-curb-cheap-china-imports-source-says-2025-04-21/

 

India is set to impose a temporary tariff, known locally as safeguard duty, of 12% on steel imports, said a government source with direct knowledge of the matter, to try and curb a surge in cheap imports from China and elsewhere.

The government would enact the tax as soon as possible, the source, who did not wish to be named, told Reuters on Monday.