<p class="title">India has dragged the US to the World Trade Organisation's dispute settlement mechanism over the imposition of import duties on steel and aluminium, an official said.</p>.<p class="bodytext">India has stated that the decision will impact exports of these products to the US and it is not in compliance with global trade norms.</p>.<p class="bodytext">"India has filed a dispute under the aegis of the WTO on the issue of imposing import duties by the US on certain steel and aluminium products," the official said.</p>.<p class="bodytext">The country has sought consultations with the US under the WTO's dispute settlement mechanism.</p>.<p class="bodytext">Seeking consultation is the first step of dispute settlement process. If the two nations are unable to reach a mutually agreed solution through consultation, India may request for a WTO dispute settlement panel to review the matter.</p>.<p class="bodytext">On March 9, US President Donald Trump imposed heavy tariffs on imported steel and aluminium items, a move that has sparked fears of a global trade war.</p>.<p class="bodytext">Trump signed two proclamations that levied a 25% tariff on steel and a 10% tariff on aluminium imported from all countries except Canada and Mexico.</p>.<p class="bodytext">India too has sought exemptions from the hefty tariffs.</p>.<p class="bodytext">Biswajit Dhar, the professor of economics at Jawaharlal Nehru University, said the US decision would not only impact India's export of these goods but would also affect global trade.</p>.<p class="bodytext">India's exports of steel and aluminium products to America stood at about $1.5 billion every year.</p>.<p class="bodytext">Some experts, however, opined that dragging the US in the dispute over the issue is not in favour of India as New Delhi has a trade surplus with America.</p>.<p class="bodytext">India's exports to the US in 2016-17 stood at $42.21 billion, while imports were $22.3 billion.</p>.<p class="bodytext">Both the countries are already involved in disputes at the global trade body. The disputes are in the areas of poultry, solar and steel.</p>.<p class="bodytext">The US recently filed a dispute against India on export incentives alleging these support measures harm its workers by creating an uneven playing field. </p>
<p class="title">India has dragged the US to the World Trade Organisation's dispute settlement mechanism over the imposition of import duties on steel and aluminium, an official said.</p>.<p class="bodytext">India has stated that the decision will impact exports of these products to the US and it is not in compliance with global trade norms.</p>.<p class="bodytext">"India has filed a dispute under the aegis of the WTO on the issue of imposing import duties by the US on certain steel and aluminium products," the official said.</p>.<p class="bodytext">The country has sought consultations with the US under the WTO's dispute settlement mechanism.</p>.<p class="bodytext">Seeking consultation is the first step of dispute settlement process. If the two nations are unable to reach a mutually agreed solution through consultation, India may request for a WTO dispute settlement panel to review the matter.</p>.<p class="bodytext">On March 9, US President Donald Trump imposed heavy tariffs on imported steel and aluminium items, a move that has sparked fears of a global trade war.</p>.<p class="bodytext">Trump signed two proclamations that levied a 25% tariff on steel and a 10% tariff on aluminium imported from all countries except Canada and Mexico.</p>.<p class="bodytext">India too has sought exemptions from the hefty tariffs.</p>.<p class="bodytext">Biswajit Dhar, the professor of economics at Jawaharlal Nehru University, said the US decision would not only impact India's export of these goods but would also affect global trade.</p>.<p class="bodytext">India's exports of steel and aluminium products to America stood at about $1.5 billion every year.</p>.<p class="bodytext">Some experts, however, opined that dragging the US in the dispute over the issue is not in favour of India as New Delhi has a trade surplus with America.</p>.<p class="bodytext">India's exports to the US in 2016-17 stood at $42.21 billion, while imports were $22.3 billion.</p>.<p class="bodytext">Both the countries are already involved in disputes at the global trade body. The disputes are in the areas of poultry, solar and steel.</p>.<p class="bodytext">The US recently filed a dispute against India on export incentives alleging these support measures harm its workers by creating an uneven playing field. </p>