US Move to Double Tariffs on Steel and Aluminum Could Hurt Indian Exports
The tariffs are likely to push up prices of renewable energy equipment in the U.S.
September 12, 2025
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In June this year, the U.S. doubled Section 232 tariffs on steel and aluminum, and on their derivatives, from 25% to 50%. This was followed by the Department of Commerce adding 407 product categories to the list of “derivative” steel and aluminum goods in August, raising fears of price increases for renewable energy equipment.