Overview

• On July 10, India formally submitted a revised WTO notification to adjust its proposed retaliatory duties after the US increased Section 232 steel and aluminium tariffs from 25% to 50%.
• The revision explicitly reserves India’s right to modify the list of affected products and corresponding duty rates in response to any further US tariff changes.
• India’s proposed suspension of concessions targets $7.6 billion of US imports, with an estimated duty collection of $3.82 billion under WTO safeguard rules.
• The amended filing was circulated to WTO members at India’s request this week, reflecting the administration’s calibrated response to Washington’s tariff hike.
• Delhi and Washington continue talks on an interim bilateral trade agreement slated for completion by September or October 2025.