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Indian steel policy draws U.S., Japanese-led criticism at WTO

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Reuters GENEVA
Last Updated : Apr 15 2016 | 10:13 PM IST

GENEVA (Reuters) - India's decision to put minimum prices on imported iron and steel and to impose emergency "safeguard" tariffs on some steel imports drew wide criticism at a meeting of the World Trade Organization's Goods Council on Friday, a WTO official said.

The United States and Japan led the criticism of India, and their concerns were echoed by Taiwan, Canada, Australia, the European Union and South Korea. China, the world's biggest steel producer, commented on India's restrictions on trade in apples but did not join the criticism on steel, the official said.

(Reporting by Tom Miles; Editing by Dominic Evans)

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First Published: Apr 15 2016 | 10:04 PM IST

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