Wednesday, December 17, 2025 | 11:45 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

U.S. steel import curbs seen scuttling India's rising exports-minister

Image

Reuters NEW DELHI

NEW DELHI (Reuters) - India's ambition to become a major steel exporter could be disrupted by U.S. import curbs, Steel Minister Chaudhary Birender Singh said, underscoring the need for free trade.

"Our exports have increased substantially, about 40 percent growth during January to December," Singh told Reuters in an interview on Tuesday, referring to 2017.

"What I foresee is that our exports are going to grow. In that case, these kind of disturbances should not take place."

Last week, U.S. President Donald Trump set import tariffs of 25 percent on steel and 10 percent on aluminium, to come into force in 15 days, a disputed move that threatens to spiral into a trade war.

 

(Reporting by Neha Dasgupta; Editing by Malini Menon)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 13 2018 | 5:39 PM IST

Explore News