India joins Norway in WTO against US

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India joins Norway in WTO against US- Breaking News | Latest news

India is a significant exporter of steel and aluminium products to the US.

In 2017, India was the 10th largest exporter of steel to America as per the data published by the US Department of Commerce.

Trump has imposed 25 per cent tariff on steel and a 10 per cent tariff on aluminium

So India has also expressed its willingness join the WTO dispute consultation requested by Norway as third party against the US decision to impose high customs duties on certain steel and aluminium products.

India told the World Trade Organisation (WTO), that it also have same trade interest in the sector.

Earlier In May, India has already dragged the US to the World Trade Organisations for the imposition of these import duties.

“India hereby notifies its desire to join the consultations requested by the Government of Norway…with respect to certain measures imposed by the US to adjust imports of steel and aluminium into the US…and exempting certain selected WTO members from the measures,” the WTO said.

India requested to join the dispute cases on the subject as a third party member to understand just the developments on the issue, as it also has the substantial trade interest says An official.

India’s exports of steel and aluminium products to America stood at about USD 1.5 billion every year.

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