Trump doubles solid definitions: Ajay Srivastava from GTRI collapses what it means to India

President Donald Trump launched a new shot in the World Trade War, as American definitions doubled on steel and aluminum imports to 50 % from June 4. It is expected that the decision, which is taken under national security lands, is expected to extend through global supply chains and aims directly to Indian mineral exports.

“This is a direct success,” said Ajay Srivastava, founder of the World Trade Research Initiative (GTRI. “Indian steel and aluminum products are now staring at sharp American duties that will erode the margins and pressure competitiveness.”

Srivastava noted that Trump’s identification strategy depends on three American legal tools: “Section 301 of the 1974 US Trade Law allows the United States to impose a tariff against unfair commercial practices, which target China.

Article 232 of the 1962 commercial expansion law focuses on the risks of national security and has been used to impose customs tariffs on steel, aluminum and cars. The IEPA Act of Emergency Forces (IEPA) gives the president the emergency authorities to impose a widely tariff, which Trump used to launch the so -called “Liberation Day”: a 10 % blanket tariff in addition to a sharp tariff for a sharply higher country (such as 26 % on India and up to 245 % on China) via imports of 57 countries. “

However, Srivastava referred to a legal turning point: “On May 28, 2025, the American International Trade Court ruled that the IEEPA” Tahrir Day “tariff was illegal, saying that the trade deficit does not fulfill the identification of the unusual and unusual synonyms required of the required threats according to the required threats.

The economic consequences are already clear. “US steel prices are already high, about $ 984 per metric ton – much higher than European prices at $ 690 and Chinese prices are at $ 392. It is expected that he will double the customs tariff US prices to about 1,180 dollars, and these American home industries are pressing that these lectures are in the United States. Reducing competitiveness, risk of job losses or pressure Inflation.

Regarding India, Srivastava said: “In the 2015 fiscal year, India has exported iron, steel and aluminum products worth $ 4.56 billion, with major categories, including $ 587.5 million of iron and steel, and amazing profitability. Producers and exporters.”

India has already taken an official step. “India has already issued an official notice in the World Trade Organization (the World Trade Organization), indicating its intention to impose a retaliatory tariff on American goods in response to previous steel definitions. With Trump now doubled the definitions, it remains to see whether India will implement this revenge, by increasing the definitions of some American funds within one month.”

He also warned against ignoring environmental risks: “Steel and aluminum production are among the most dense industries in the world, which represents a large share of CO₂ global emissions. Trump’s decision to increase the protection of these sectors-while there are any green conditions or attachment to any green conditions, it is equal in green management. It raises concerns about its commitment to the global climate goals and the future of sustainable industry.”