India has benefited from the decline of the U.S.-China relationship and is viewed as a possible ally in countering China’s rise politically

Trump’s new 25% tariffs on steel and aluminium threaten India’s $4 billion exports to the US, forcing trade realignments.

With India’s steel industry already facing global competition, higher US tariffs could lead to a slowdown in exports as well as increased production costs, according to the Financial Times.

India's smaller steelmakers could be forced out of business by a further surge in imports resulting from sharp tariff increases imposed by U.S. President Donald Trump, industry executives warned on Monday.

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