Not safeguards, but security: US defends steel, aluminium tariffs amid India’s WTO complaint

NEW DELHI: The United States has told the World Trade Organization (WTO) that its decision to impose tariffs on steel and aluminium imports was taken on national security grounds, not as a safeguard measure, a key distinction that challenges India’s formal complaint filed earlier this month.In a communication dated April 17, the US said the […]

India’s Millions of New Investors Are Reeling From Tariff Turmoil

Millions of small investors have piled into India’s stock market in recent years, eager to build wealth by betting on the country’s economic growth. Catchy advertising and easy-to-open online trading accounts have wooed young people and retirees alike, demystifying investing and fueling the exuberance. This week, many of those investors got a rude shock — […]

India’s ‘uniquely burdensome’ certification rules make it ‘costly’ for US companies to operate: White House on ‘Liberation Day’ | India News

India levies “uniquely burdensome or duplicative testing and certification requirements” in sectors like chemicals, telecom products, and medical devices, making it “difficult and costly” for US companies to sell their products in the country, according to the White House.“India imposes its own uniquely burdensome and/or duplicative testing and certification requirements in sectors such as chemicals, […]