India Fights Back: Tariff War Sparks Between Delhi & Trump’s USA ⚔️📉
India has officially hit back at Trump-era steel & aluminum tariffs — filing a detailed WTO complaint and announcing new tariffs on U.S. goods worth $7.6 billion. This marks India's first direct trade retaliation during Trump’s second term.
> “We gave diplomacy a chance — now we’re leveling the field,” Indian officials said.
Trump’s tariffs added 25% duties on steel and similar ones on aluminum in March, claiming national security. India calls that bluff, saying it’s just a backdoor safeguard measure, not allowed under WTO norms without consequences.
Here’s what’s happening:
India files WTO notice: Tariffs hurt Indian exports
$1.91B lost due to U.S. duties
India now hits U.S. goods with counter-tariffs to balance the scale
Negotiations ongoing, but Delhi’s patience is running out
Trump linked trade to Kashmir talks — causing major controversy
India also slaps temporary 12% duty on Chinese steel to protect its market
Despite goodwill gestures (like slashing duties on Harleys and bourbon), the U.S. doubled down — even threatening a 26% tariff on Indian exports if talks don’t go its way.
This move could slow down or crash the pending India-US trade agreement, casting a cloud over what could’ve been a landmark deal. ☁️
Why it matters for crypto? Trade tensions can shift global economic focus and capital flows — and India asserting itself more on trade might reflect in Web3 policy, CBDC readiness, and crypto regulation. Global investors are watching closely.
India isn’t just waiting — it’s playing the global trade game hard and smart.