Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
India has formally sought consultations with the United States at the World Trade Organization (WTO) over Washington’s decision to impose a 50% tariff on certain copper products.
The U.S. announced the tariff on semi-finished copper items including pipes, tubes, sheets, wires, and rods effective August 1, 2025, citing national security concerns. India, however, argues the measure functions as a safeguard duty and should have been notified to the WTO, which the U.S. did not do.
India exported around USD 360 million worth of copper products to the U.S. in FY 2024-25, making it a key affected supplier. The government has requested formal WTO consultations, a process that allows 30 days for resolution. If talks fail, India may impose reciprocal duties on U.S. goods.
This marks India’s third WTO dispute with the U.S. over safeguard-like tariffs, following earlier cases on steel, aluminium, and automobiles. The issue also adds pressure on stalled India–U.S. trade negotiations, while New Delhi simultaneously accelerates efforts to diversify export markets through new trade pacts with the EU, Australia, and Gulf nations.
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