India, U.S. to
bilaterally discuss steel import curbs: minister
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[March 20, 2018]
NEW DELHI (Reuters) - India
will bilaterally discuss import curbs on steel with the
United States, Trade Minister Suresh Prabhu said on
Tuesday, amidst growing concerns of an escalating trade
war over tariffs. |
A worker rides his bicycle past steel rims in a dockyard
at Mumbai Port Trust in Mumbai November 17, 2014.
REUTERS/Shailesh Andrade/File Photo |
Prabhu told reporters that the U.S was committed to the World
Trade Organisation, even as Washington has raised concerns about
the functioning of the WTO and asked for reforms.
U.S. President Donald Trump has pressed ahead with import
tariffs of 25 percent on steel and 10 percent for aluminum, but
exempted Canada and Mexico and offered the possibility of
excluding other allies, backtracking from an earlier
"no-exceptions" stance.
(Reporting by Manoj Kumar; Writing by Neha Dasgupta; Editing by
Sanjeev Miglani)
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