Latest Section 232 duties News & Updates

New Delhi, Feb 20 (IANS) With the US Supreme Court striking down reciprocal tariffs imposed by the Donald Trump administration on Friday, Indian exporters were jubilant at the news. However, around $8-9 billion worth of trade is still likely to face higher duties under national security provisions. The US Supreme Court ruling effectively eliminates the 18 per cent reciprocal tariff agreed earlier under the India–US trade framework.According to analysts, Section 232 duties remain in force, cove…