Higher steel tariffs to dent exports as companies look at other markets

The Trump administration's doubling of import duties on steel and aluminum is poised to negatively impact India's export demand, compelling companies to explore alternative markets. US importers are slowing orders due to increased costs, potentially hindering American firms' production and reducing input demand. India's steel and aluminum exports to the US, valued at $6.2 billion and $0.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ae3pTYP

Comments

Popular posts from this blog

Shaky Street: Sensex surges 1.1k points day after 2.2k-point crash

ONGC-NTPC green JV acquires Ayana in $2.3 billion deal

Mobile companies seek zero duty on US imports