US President Donald Trump’s latest tariff move may land hard on Indian metal producers. Starting June 4, US tariffs on steel and aluminium imports will double from 25% to 50%. The move directly threatens India's $4.56 billion worth of exports to the US across these sectors.India’s shipments of iron and steel, aluminium, and related products will now face sharply higher costs entering the US market. In 2024–25, India exported $587.5 million in iron and steel, $3.1 billion in articles of iron or steel, and $860 million in aluminium and related goods to the U.S. Many of these products will now struggle to stay competitive.
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