India challenges US at WTO on auto tariffs
India
has formally challenged the US on higher auto tariffs by raising the matter with the
WTO
, signalling a hardening of the South Asian nation's stance on
trade talks
even as the two countries race to clinch an interim deal before July.
New Delhi
informed the WTO that the 25% US tariffs on imports of
passenger vehicles
and light trucks, along with certain
auto components
are "safeguard measures" - trade restrictions - and affect its exporters, according to a notification. India has sought "consultation" with Washington on the tariffs. The move on auto tariffs comes amid the US doubling levies on steel and aluminium and coincides with the visit of a US trade team in New Delhi to advance the discussions. Separately, India has threatened retaliatory duties on some US goods in response to Washington's duties on steel and aluminium.
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