India-UK FTA: Trade deal offers tariff safeguards; domestic industry gets protection buffer – Times of India

India-UK FTA: Trade deal offers tariff safeguards; domestic industry gets protection buffer – Times of India

Union minister Piyush Goyal (left) and Britain’s secretary of state for business and trade, Jonathan Reynolds, shake hands after they signed the free trade agreement. (Picture credit: AP) India has secured the right to impose temporary trade safeguards under its newly signed free trade agreement (FTA) with the United Kingdom, the commerce ministry confirmed on…

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Not safeguards, but security: US defends steel, aluminium tariffs amid India’s WTO complaint – Times of India

Not safeguards, but security: US defends steel, aluminium tariffs amid India’s WTO complaint – Times of India

NEW DELHI: The United States has told the World Trade Organization (WTO) that its decision to impose tariffs on steel and aluminium imports was taken on national security grounds, not as a safeguard measure, a key distinction that challenges India’s formal complaint filed earlier this month.In a communication dated April 17, the US said the…

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