Indian officials told Reuters last month that their government would open a WTO dispute if the country’s firms were not granted an exemption.
India, China, Russia, Japan, Turkey and the European Union have all dismissed that claim, regarding the US tariffs as “safeguards” under the WTO rules, entitling them to a combined $3.5 billion in annual compensation. India’s retaliation claim seeks to recoup a cost of $31 million levied on its aluminium exports and $134 million on steel, and it has said it could target US exports of soya oil, palmolein and cashew nuts in its retaliation. Its latest legal challenge seeks to force the United States to scrap the tariffs entirely. It follows a similar move last month by China, which Washington called “completely baseless”.