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Indian exporters seek trade relief for steel and aluminum, urging U.S. and EU talks to offset tariffs and protect MSMEs.
Indian engineering exporters, represented by EEPC India, are urging the government to include steel and aluminum products—especially those made by MSMEs—in ongoing trade talks with the U.S. and EU.
They cite a 50% U.S.
Section 232 tariff that has created a 30% competitive disadvantage, requesting a 15% support package to offset the gap.
The group opposes proposed EU changes that would reduce quotas and raise out-of-quota tariffs to 50%, instead advocating for maintaining current levels, exempting stainless-steel long products from quotas, increasing volume limits, capping out-of-quota tariffs at 25%, and phasing them out over five to six years under a future India-EU FTA.
Los exportadores indios buscan alivio comercial para el acero y el aluminio, instando a las conversaciones de EE.UU. y la UE para compensar los aranceles y proteger a las PYMES.