New Delhi, May 31, 2025 – Former U.S. President Donald Trump’s proposed revision of tariffs on steel and aluminium imports has raised serious concerns for India’s export sector. According to the Global Trade Research Initiative (GTRI), the revised tariffs could jeopardize India’s exports worth USD 4.56 billion to the United States. The hike, if implemented, is expected to significantly impact Indian manufacturers, especially in sectors reliant on the U.S. market for revenue and growth.
GTRI experts warn that the tariff changes could make Indian steel and aluminium products less competitive compared to domestic U.S. goods or imports from countries with trade pacts. The policy shift poses a risk not only to trade volumes but also to employment in India’s metal industries. The Indian government is closely monitoring the situation and may explore bilateral discussions or WTO consultations to safeguard its trade interests.
