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

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.

India is among the ten countries most affected by former US President Donald Trump’s recent decision to impose a 25% tariff on all steel and aluminium imports. The move, which aims to protect American manufacturers,

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