Proposed US Tariff Hike On Steel And Aluminium May Hit India’s $5 Billion Engineering Exports, Says EEPC
The Engineering Export Promotion Council of India (EEPC) has issued a stern warning regarding the potential impact of a proposed 50% tariff hike by the United States on steel and aluminium imports, set to take effect from June 4, 2025. According to the EEPC, this move could severely disrupt India’s engineering exports to the US, particularly given that steel, aluminium, and their derivatives
The Engineering Export Promotion Council of India (EEPC) has issued a stern warning regarding the potential impact of a proposed 50% tariff hike by the United States on steel and aluminium imports, set to take effect from June 4, 2025. According to the EEPC, this move could severely disrupt India’s engineering exports to the US, particularly given that steel, aluminium, and their derivatives
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