https://www.taxtmi.com/news?id=34075 The article explains the imposition of reciprocal tariffs by the US, noting an announced 25 percent duty on steel and aluminium and the measure's potential to deepen trade tensions and harm Indian exports. It outlines tariffs and related duties as trade-policy tools, their economic effects on domestic producers and consumers, and legal constraints under WTO rules that prohibit duties above bound rates, with expert opinion that the US measures may violate those norms. en-us Fri, 14 Feb 2025 16:16:03 +0530 Fri, 14 Feb 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34075 The article explains the imposition of reciprocal tariffs by the US, noting an announced 25 percent duty on steel and aluminium and the measure's potential to deepen trade tensions and harm Indian exports. It outlines tariffs and related duties as trade-policy tools, their economic effects on domestic producers and consumers, and legal constraints under WTO rules that prohibit duties above bound rates, with expert opinion that the US measures may violate those norms. News - Fri, 14 Feb 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=34075