Bangladesh, July 12 -- In a sharp escalation of trade tensions, India has officially proposed retaliatory tariffs against the United States under the framework of the World Trade Organization (WTO), targeting $7.6 billion worth of American exports. The move, announced through a WTO notification circulated on July 9, is a direct response to what India has termed as unjustified “safeguard measures” initiated by US President Donald Trumps administration – particularly tariffs on aluminum and steel imports.
The proposed retaliatory tariffs on India, which would see duties rise from 25% to 50% on a range of American products, represent a calibrated but firm pushback from New Delhi. Indias action reflects both a desire to pro...
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