India gains concession from US ‘national-security’ tariffs on metals, autos, pharma
India has secured concessions on steel, aluminium, copper, pharma, cars and car parts that fall under Section 232 ‘national security’ related tariffs, which only a few countries, such as the UK, Japan and South Korea, have received under the trade agreement with the US, the India-US joint statement released on Friday showed. However, the exact nature of the concessions was not revealed.