Billions in Trade at Risk for Indian Metals Industry

Via Metal Miner   India is seeing mixed reactions to U.S. President Donald Trump’s new announcement that he is imposing a 50% tariff on all steel and aluminum imports from the country. While the Indian Government sought to play down the new Trump tariffs, with one minister dubbing its impact as “minor,” some analysts, experts and trade bodies are not too sure. Many from this lobby have already expressed grave concern about the likely fallout of the new wave of tariffs on India’s steel and aluminum sectors. Some Officials…