Just before Indian Prime Minister Narendra Modi’s U.S. visit on February 12, President Donald Trump announced a 25% tariff on aluminum and steel products, effective this week. This move could severely impact India’s $3 billion steel exports to the U.S. and is seen as a diplomatic challenge for Modi. Previously, Trump imposed a 10% tariff on Chinese imports and announced similar tariffs on Canada and Mexico, though the latter was temporarily postponed. Experts view this as a significant shift in U.S. trade policy.
U.S. President Donald Trump has announced a 25% tariff on aluminum and steel products, which will take effect this week. The announcement comes just as Indian Prime Minister Narendra Modi is set to visit the United States for a two-day trip starting February 12. Diplomats consider Trump’s decision highly significant.
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