March 20, 2018 / 1:07 PM / in a year

India, U.S. to bilaterally discuss steel import curbs - minister

NEW DELHI, March 20 (Reuters) - India will bilaterally discuss import curbs on steel with the United States, Trade Minister Suresh Prabhu said on Tuesday, amidst growing concerns of an escalating trade war over tariffs.

Prabhu told reporters that the U.S was committed to the World Trade Organisation, even as Washington has raised concerns about the functioning of the WTO and asked for reforms.

U.S. President Donald Trump has pressed ahead with import tariffs of 25 percent on steel and 10 percent for aluminum, but exempted Canada and Mexico and offered the possibility of excluding other allies, backtracking from an earlier “no-exceptions” stance. (Reporting by Manoj Kumar; Writing by Neha Dasgupta; Editing by Sanjeev Miglani)

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