• Monday, May 16, 2022

Business

India takes Trump to task

By: Eastern Eye Staff

NATION LAUNCHES WTO TARIFF CHALLENGE OVER AMERICA’S ‘MULTIPLE VIOLATIONS’ INDIA has opened a World Trade Or­ganisation (WTO) challenge against the steel and aluminium tariffs im­posed by the United States, a docu­ment circulated to WTO members last Wednesday (23) said. Accusing Washington of “multiple violations” of WTO rules, India formally asked the US for “consultations” over the tariffs of 25 per cent on steel and 10 per cent on aluminium, which is the first step in a full-blown legal challenge. The move means India has joined other powerful WTO members – includ­ing the European Union and China– in fighting back against US…

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