Trade Tensions Rise: India Slaps Tariffs on Chinese and Vietnamese Steel India has announced new tariffs of 12-30% on certain steel products imported from China and Vietnam, effective for the next five years. This move aims to protect and strengthen the domestic steel industry, which has been facing pressure from cheaper imports. The tariffs specifically target welded stainless steel pipes and tubes, reflecting India’s ongoing efforts to balance its economic interests with its complex relationships with China and Vietnam. This decision comes amid broader tensions with China and follows a recent anti-dumping investigation into Vietnamese steel imports, highlighting India’s strategic approach to trade policy in the steel sector. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Hits New Peak: Why It's Just Getting Started READ MORE Dow Tumbles 760 Points as Market Reacts to Recession Worries READ MORE Dramatic Fluctuations for Yen as It Struggles Against Dollar Surge READ MORE Huge BRICS Power Play & A Growing Trend Towards Physical Gold READ MORE Central Banks Turn to Gold as Hedge Against U.S. Dollar Dominance READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment