New Delhi, May 31 -- U.S. President Donald Trump's decision to double tariffs on steel and aluminium imports is set to impact India's metal exports worth USD 4.56 billion, a report by Global Trade Research Initiative (GTRI) has warned.

The revised tariffs, which will come into effect from June 4, 2025, are likely to hurt Indian producers and exporters by making their products more expensive in the U.S. market.

GTRI said "For India, the consequences are direct. In FY2025, India exported USD 4.56 billion worth of iron, steel, and aluminum products to the U.S.

According to the GTRI report, the United States has been a major destination for India's metal exports. In FY2025, India exported USD 4.56 billion worth of iron, steel, and aluminiu...