Related News

Signage ahead of the Nvidia Live event at CES 2026 in Las Vegas, Nevada, US, on Monday, Jan. 5, 2026. Bridget Bennett | Bloomberg | Getty Images Nvidia director Persis

Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now sits

The Intel logo is visible at the India Mobile Congress 2025 in Delhi, India, on October 11, 2025. Kabir Jhangiani | Nurphoto | Getty Images Intel shares plunged 14% Friday

Nvidia founder and CEO Jensen Huang (R) speaks next to BlackRock chairman and WEF co-chairman Larry Fink during the World Economic Forum (WEF) annual meeting in Davos on January 21,

What looks invisible to the naked eye is now easy to spot. A portable medical device developed by Chinese firm Vivolight has gone viral after a short demo clip was

The TikTok USDS (U.S. Data Security) logo appears on a smartphone screen in this illustration photo in Reno, United States, on Dec. 19, 2025. Jaque Silva | Nurphoto | Getty

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

US copper tariffs: India may seek WTO talks amid export risks; similar action in steel, auto cases earlier

Word Count: 616 | Estimated Reading Time: 4 minutes


US copper tariffs: India may seek WTO talks amid export risks; similar action in steel, auto cases earlier

India is examining the possibility of WTO consultations with the US regarding Washington’s copper import tariffs. This potential action would be India’s third instance of seeking such discussions with the US, following previous cases involving steel and aluminium, and automotive sectors under the WTO Agreement on Safeguards.Beginning August 1, the US implemented a 50% tariff on copper input value for semi-finished and derivative copper product imports, invoking Section 232 of its Trade Expansion Act of 1962. This section enables the US President to limit imports that are considered threats to national security.“We are considering an action on copper, similar to iron and steel, and auto,” said an official, quoted by Economic Times. India exported copper products worth $360 million to the US in FY25.On July 30, US President Donald Trump issued a presidential proclamation imposing the tariff, which came into effect on August 1.According to the July 30 White House executive order, copper imports into the United States are at levels that could compromise US national security. “All imports of semi-finished copper products and intensive copper derivative products…shall be subject to a 50 per cent tariff. This tariff shall be effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on August 1, 2025, and shall continue in effect, unless such action is expressly reduced, modified, or terminated,” it had said, justifying the tariffs.Earlier in May, India had suggested retaliatory duties on select American goods under WTO guidelines, responding to US tariffs on steel, aluminium, and auto parts implemented under safeguard measures. The US had declined India’s consultation requests regarding these tariffs.





Source link

Most Popular Articles