Higher steel tariffs to dent exports as companies look at other markets – Times of India

Higher steel tariffs to dent exports as companies look at other markets – Times of India

Representative image (Picture credit: AP) NEW DELHI: Doubling of import duty on steel and aluminium by the Trump administration will dent export demand, with companies having to scout for alternative markets.Several US importers have gone slow on fresh orders as costs went up significantly after the imposition of 25 per cent duty, although India was…

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Donald Trump’s 25% tariffs on steel and aluminum imports take effect: Impact on India – The Times of India

Donald Trump’s 25% tariffs on steel and aluminum imports take effect: Impact on India – The Times of India

US President Donald Trump and Prime Minister Narendra Modi (File Image) Donald Trump’s 25% tariff on all steel and aluminium imports go into effect on Wednesday with US President asserting that these taxes would generate US factory employment during a period when his fluctuating tariff policies are unsettling the stock market and raising economic decline…

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