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flag India imposes 12% to 11% steel duties on imports from China, Vietnam, and Nepal to protect domestic producers.

flag To protect its domestic steel industry from an increase in low-cost and possibly subpar imports, India has imposed a three-year safeguard duty on some steel imports from China, Vietnam, and Nepal. flag The duty starts at 12% and gradually drops to 11% by the third year. flag Following a temporary 12% tariff imposed in April, the measure—which is based on a recommendation from the Directorate General of Trade Remedies—excludes imports from specific developing nations and specialty steels. flag In the midst of ongoing tensions in international trade, the action attempts to protect local producers from unfair trade practices.

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