May 23 , 2026
12 hrs 0 min
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- India joined several countries at the World Trade Organization (WTO) in opposing the United Kingdom’s steel safeguard measures.
- The United Kingdom (UK) imposed tariff-rate quotas and a 25% tariff on steel imports above quota limits.
- The safeguard measures were introduced after global steel overcapacity and the United States (US) Section 232 steel tariffs imposed in 2018.
- India said the new UK steel restrictions could affect the India-UK Comprehensive Economic and Trade Agreement (CETA).
- A safeguard measure is a temporary trade restriction allowed under WTO rules to protect domestic industries from a sudden rise in imports.
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