The Indian government is considering a WTO appeal against U.S. section 232 duties on steel and aluminum, implemented by President Trump. That comes even while details of potential exemptions for countries – already secured by Australia, Canada and Mexico – have been secured. The filing may be worthwhile on a stand-alone basis as exports were worth $1.2 billion in the 12 months to January 31, though a 130% rise on a year earlier may raise eyebrows. India has too much else at stake, however. Not only could the U.S. challenge the “Make in India” policy broadly (which like sec...
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