India Proposes $724 Million Tariffs on U.S. Imports: WTO Dispute Over Safeguard Duties Escalates Trade Tensions
India’s $724 Million Message to Washington: Why India Plans Retaliatory Tariffs on U.S. Imports and What It Means for Global Trade - Dr.Sanjaykumar Pawar Table of Contents Introduction What Triggered India’s Move? Understanding WTO Rules on Safeguards and Retaliation Timeline of U.S. Tariffs and India’s Response What India Told the WTO: Legal and Economic Grounds Impact on India-U.S. Bilateral Trade Global Implications: WTO’s Relevance and Reform Strategic Timing: Bilateral Trade Agreement in the Background Industry-wise Impact: Who Gains, Who Loses? Expert Opinions and Analysis Visual Insights: Tariff Breakdown and Trade Flow Charts Conclusion: Trade Retaliation or Negotiation Tactic? FAQs 1. Introduction India has formally notified the World Trade Organization (WTO) of its intention to levy retaliatory tariffs worth $723.75 million per year on imports from the United States . This significant move is a response to the U.S.'s continued imposition of safeguard ...