India is considering definitions of American goods to counter Trump’s fees

India is studying Definition mode On some of the United States’s goods to counter the duties of the Trump administration on steel and aluminum products, according to a document submitted to the World Trade Organization.

“The proposed suspension of concessions or other obligations takes an increase in definitions on the chosen products that arise in the United States.”

The document did not reveal the type of products that can be slapped by tariffs.

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In March, the Trump administration put 25 % of the fees on steel and aluminum imports, which were the extension of the duties imposed for the first time during the American President Donald Trump First management.

India is the second largest producer in the world for raw steel.

The document said that potential counter measures will affect products worth $ 7.6 billion in India, which are imported to the United States.

“Get to lead our economy.”

In addition to steel and aluminum fees, the Trump administration threatened the 26 % mutual tariffs on the goods in India. The two countries are working to secure a commercial deal, as India offered to reduce the customs tariff gap with the United States from two -thirds.

India, which has some of the world The highest tariff on importsHe was previously criticized by Trump for being a “tariff”.

The Asian state has also imposed a tariff on steel from other countries. Last month, a 12 % temporary tariff was imposed to reduce cheap steel imports, primarily from China.

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Although it seeks to STEM Sturs locally, India is also working to secure greater arrival for steel exports through commercial conversations with partner countries.

Reuters contributed to this report.