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US rejects India's WTO complaint over steel and aluminum tariffs, risking $4.56B in trade.
The US has rejected India's notice to the WTO seeking retaliatory action against US tariffs on steel and aluminum, which have been doubled to 50%.
The US claims these tariffs are not safeguard measures, avoiding discussions with India.
In response, India may increase customs duties on US metals and suspend trade benefits for goods like almonds and walnuts.
The dispute could impact $4.56 billion of Indian exports to the US.
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EE.UU. rechaza la queja de la India a la OMC sobre los aranceles al acero y al aluminio, arriesgando $4.56B en comercio.