India's steel industry remains largely unaffected by Trump's tariff hike from 10% to 25%, as exports to the US are minimal, and the domestic market remains strong, per steel secretary Sandeep Poundrik
Acknowledging that the proposed tariffs could impact India, the Finance Minister said Commerce Minister Piyush Goyal is currently in discussions with top US officials to address the issue.
The urgency follows rising concerns over potential tariff hikes under US President Donald Trump’s trade policies and a recent meeting between leaders of two countries in which they reaffirmed their commitment to sealing the long-awaited trade pact this year.
On Feb 28, Prime Minister Narendra Modi and European Commission President Ursula von der Leyen agreed to seal a much-awaited free trade deal by this year amid rising concerns over US President Donald Trump's policy on tariffs.
Teams offers familiar features like calls and messaging, along with advanced tools for meetings, calendar management, and community building, enhancing the user experience.
The latest figures follow a 5.6% GDP growth rate in the preceding July-September quarter, according to data released by the National Statistical Office.
The leading cryptocurrency has dropped approximately 25% from its all-time high of nearly $110,000, as market insiders caution about potential price “suppression.”
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