New Delhi, Feb. 8 -- Union Commerce and Industry Minister Piyush Goyal on Sunday clarified that India

remains on the same footing as other nations regarding US tariffs on steel, aluminium, and copper.

In an interview with ANI, Goyal dispelled concerns in the export community after the landmark India-US interim trade deal was announced, which would reduce tariffs on many Indian exports.

He noted that the US imposes 50% tariffs on steel, aluminium, and copper globally on national security grounds (under Section 232) and that these tariffs are not specific to India.

Because these duties apply equally across all countries, Goyal argued that they do not affect India's relative competitive position in the American market.

The Union Ministe...