Trump’s 50% steel, aluminium tariffs seen as ‘minor...

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Trump’s 50% steel, aluminium tariffs seen as ‘minor impact’ for India: Steel minister HD Kumaraswamy

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India anticipates a limited effect from President Trump's proposed steel and aluminium tariff increase due to relatively low export volumes to the US. While the steel minister downplayed concerns, Fitch Ratings suggests potential challenges for Indian steel producers if other nations redirect exports to India.

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