New Delhi has proposed retaliatory duties against the United States in the World Trade Organisation. The Indian government claims that Washington’s 25 per cent tariff on automobiles and certain auto parts would impact USD 2.89 billion of India’s exports, as outlined in an official notification.
“India maintains the authority to halt concessions or other commitments … that correspond significantly to the detrimental impacts of the measure on India’s trade,” the statement indicated.
The notification reveals that the duty imposed by the United States is set to reach USD 725 million, prompting New Delhi to implement a corresponding duty on products originating from the United States.
India has yet to disclose the specific tariff rate or the goods that will be subject to the new duties.
India is actively pursuing a trade agreement with Washington ahead of a looming 9 July deadline established by US President Donald Trump, who has warned of a potential 26 per cent tariff on all Indian imports if the deadline is not met.
India has indicated a willingness to reduce its elevated tariff rates for the United States; however, it remains firm on not yielding to Washington’s requests for greater access to its agriculture and dairy sectors.
