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Govt in talks with US on import duty

PTI/Agencies, New Delhi
29/12/2018   0 Comments

The government said on Friday that the US is negotiating 25 percent tariff imports on steel imports. In March, US President Donald Trump imposed a 25 percent import duty on steel and 10 percent on aluminum. "We are in the conversation (with the US) ... We have made a request to see how this goes forward ... our industry is a niche industry that exports to the US and we certainly have been interested in them Care needs to be done, "Steel Secretary Benoy Kumar told reporters on the sidelines of a cell program.

Steel minister Chaudhary Birender Singh had earlier expressed concern that American fees could indirectly affect the domestic sector as many steel-making countries can dump their products in India. In July, a team of officials from the commerce and steel ministries negotiated with the US administration regarding the duty on import of steel.

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