India slaps tariffs on 29 US items; new rates to kick in from August 4

The latest list of tariff hikes has 18 iron and steel items, a potent political reply against Trump's tariff hikes in the sector.

Assistant United States Trade Representative Mark Limscott will be visiting India to discuss several crucial trade issues with senior commerce department officials who said they believed the latest tariff hikes will be discussed. “The official agenda for the talks are not restricted to specific issues and it will include a broad spectrum of concerns from disputes over tariffs to stricter immigration norms. But we will focus on a concerted bilateral effort to explore ways to deal with all the cases at the WTO,” a senior official said.

Earlier this month, Commerce and Industry Minister Suresh Prabhu visited Washington DC