India recently requested exemption arguing that its exports of steel and aluminum to the US did not create a security concern for a country with whom it has a strategic partnership that goes beyond trade.
India is expected to lodge trade dispute against the United States at the W.T.O if the U.S doesn’t allow the later from exemptions from higher tariffs on steel and aluminum, three government officials involved in trade talks told Reuters.
Recently India requested exemptions, arguing that its exports of these products to the United States did not create a security concern for a country with whom it has a strategic partnership that goes beyond trade.
One of the officials said that āOur proposal is still pending with the US government and they have assured us they will reconsiderā.
Union Steel Minister Birender Singh declined to say how India might respond if its request for exemption was rejected.
However, an internal note prepared by his Ministry and seen by Reuters showed that the country could also consider temporarily raising the basic customs duty on some U.S. goods in the event the exemptions were not granted.
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