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 Housing Market Relief on the Horizon? Fed Study Predicts Inflation Slowdown READ MORE Fed Vice Chair Warns of Challenges on Road to Inflation Target READ MORE "You're Going To See Something More Devastating Than 2000 or 2008" – Mike Maloney READ MORE Citi Maintains $3,000 Gold Price Target READ MORE Currency Expert Predicts De-dollarization Will Fail and Backfire READ MORE Add a Comment Cancel replyYour email address will not be published.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