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Trump’s Steel Tariffs Stifle India’s Metal Industry Amid Global Trade Tensions
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2025-08-20
For years, the US has been a major market for Aditya Garodia, director of Corona Steel Industry Pvt Ltd, exporting over 100 steel products like fasteners from his West Bengal factory. However, after US President Trump imposed tariffs, business slowed significantly. Garodia said clients delayed orders and payments, with 30 percent of orders canceled after the tariff increase. Domestic demand also dropped due to cheaper Chinese competition. He stressed that India’s future steel exports depend on negotiating lower US tariffs.
Foundry owners across India report a steep decline in orders from US clients, describing the tariffs as a “nail in the coffin” for their businesses. Despite vigorous efforts by Indian industry representatives and the government to secure tariff exemptions and explore alternative markets, the trade restrictions remain firmly in place.
With ongoing challenges from global trade tensions and economic instability, the tariffs exacerbate pressures on India’s metal industry. The situation highlights the broader risks facing exporters amid shifting international trade policies under US administration changes. Indian foundries are now forced to innovate and seek new opportunities, but the shadow of the tariffs continues to limit growth and profitability. The persistence of these tariffs serves as a cautionary tale about the long-term consequences of protectionist trade policies on global supply chains and developing economies.
鋼鐵關稅
全球貿易
印度
金屬產業
扣件
替代市場
iron and steel tariffs
global trade
India
metal industry
fastener
alternative market
德國杜塞道夫線材展
扣件
國際展會
惠達雜誌
匯達實業
外銷媒合
廣告刊登
螺絲五金
五金工具
緊固件
台灣扣件展
印度新德里螺絲展
越南河內螺絲展
墨西哥瓜達拉哈拉螺絲展
美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
義大利米蘭螺絲展
德國司徒加特螺絲展
wire Dusseldorf
FASTENER FAIR INDIA
FASTENER FAIR VIETNAM
FASTENER FAIR MEXICO
FASTENER POLAND
FASTENER FAIR ITALY
FASTENER FAIR GLOBAL
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