India Fires Back at US Auto Tariffs with WTO Retaliation Plan Worth $723M

India has formally notified the World Trade Organization (WTO) of its intent to impose retaliatory duties on select US goods, countering Washington’s recent 25% safeguard tariffs on Indianorigin passenger vehicles, light trucks, and auto parts. The move comes amid ongoing negotiations for an interim trade agreement between the two nations.

 

Tariff Trigger:

India’s Response:

Trade Impact:

Diplomatic Backdrop:

Next Steps:

This tariff titfortat underscores the fragile balance between trade diplomacy and protectionism—even as both nations eye deeper economic ties.

 

Source: Business Standard, Economic Times, Rediff Money