New Delhi, Feb. 15 -- US President Donald Trump has imposed a 25% tariff on all steel and aluminium imports, a move that could upend the global metals market. Meanwhile, the Bharatiya Janata Party (BJP) won the Delhi assembly elections, ending the decade-long rule of the Aam Aadmi Party (AAP). On the economic front, retail inflation has eased further.

US President Donald Trump has imposed a 25% tariff on all steel and aluminium imports, effective 4 March. The US sources most of its steel from Canada, Brazil, Mexico, and the EU, which will now face higher costs. While India exports only a small quantity of steel to the US, Indian steelmakers are concerned about the indirect impact. The surge in global steel supply to India, particularly f...