"global-trade-war"

The new tariffs may adversely impact India’s booming exports in various sectors, but it could still remain competitive as China, Vietnam, Taiwan and Thailand face even higher tariffs

India, however, is likely to be relatively less impacted among Asian economies as other countries have been hit by higher tariff rates or run a larger trade surplus with the US

Given US President Trump’s transactional mindset, the escalating tension between Washington and Brussels may push the US closer to Russia

Domestic steel players have raised concerns over increasing imports of steel from nations like China

The EU measures will cover goods from the US worth 26 billion euros ($28 billion), and not just steel and aluminum, but also textiles, home appliances and agricultural goods

The move towards protectionism could lead to a more fragmented and less predictable global trade environment

These companies cannot engage in China-related import or export activities and make new investments in the country

The rating agency says steel producers will face increased challenges in exporting their products after the US decision to impose an additional 25 per cent tariff on all steel and aluminium imports

India must strike a fine balance between protecting interests of domestic industry and promoting trade relations with US