#USChinaTensions
In a clear strategic shift, India has imposed a 12% tariff on imports of cheap Chinese steel, a move seen as indirect support for the United States in the ongoing trade war between Washington and Beijing.
This decision follows repeated complaints from domestic steel producers in India, who assert that Chinese dumping at subsidized prices threatens their industry. This decision demonstrates the growing convergence between India and the United States in confronting Chinese economic influence, especially in light of global trade tensions.
It is worth noting that China is one of the largest steel suppliers to India, and these tariffs could lead to a trade escalation between the two countries, especially if Beijing responds with similar measures, at a time when relations are experiencing tensions due to border disputes and geopolitical competition in Asia.
