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

India has imposed a three-year safeguard duty on certain steel imports from China, Vietnam, and Nepal, starting at 12% and gradually reducing to 11% by the third year, to protect its domestic steel industry from a surge in cheap and potentially sub-standard imports. The measure, based on a recommendation from the Directorate General of Trade Remedies, follows a temporary 12% tariff introduced in April and excludes specialty steels and imports from certain developing countries. The move aims to shield local producers from unfair trade practices amid ongoing global trade tensions.