
India is seeking aluminium and steel tariffs exemption from the US imposed by former President Donald Trump and removal of retaliatory duties, said two Indian government officials and one industry source familiar with the matter. They also said India is currently in negotiation with the US, and both parties wish to strike a deal during Indian Prime Minister Narendra Modi’s visit to the United States at the end of June 2023.

According to official sources, India is willing to remove retaliatory duties on select agricultural items like almonds and walnuts if the United States exempts steel tariffs. But US negotiators are still unsure about the exemption of steel tariffs, said one of the sources.
“We are discussing, (but) they are not very flexible whether there will be any substantial outcome,” one of the government sources said on the condition of anonymity.
However, according to another source, the United States wants to decide on a solution before the Indian Prime Minister’s visit.
Kevin Dempsey, president of the industry trade association American Iron and Steel Institute, believes there is little chance the United States will consider tariff exemption. “I really don’t think the US government would do that, quite frankly,” said Kevin Dempsey.
In 2018, Donald Trump imposed a 10 per cent tariff on aluminium and 25 per cent on steel. In retaliation, India imposed tariffs on 28 US products, including almonds, apples, and walnuts.
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