India plans to impose tariffs on US goods. This action responds to US tariffs on steel and aluminium. The US tariffs impact Indian exports significantly. India’s move could affect ongoing trade talks between the two nations. India had previously retaliated against similar US actions. The country reserves the right to modify its tariff plans based on future developments. The WTO has been notified of India’s intentions. Post navigation India’s status as a defensive bet waning? CLSA says foreign flows may head back to China stocks Global shares see modest gains as optimism over China-US trade truce fades