Trump tariff: Steel, aluminium untouched; metal exporters breathe easy

Metal exporters in India are relieved as the White House exempts steel and aluminium from an additional 27% duty, though a 25% tariff remains. Copper is also spared from reciprocal tariffs. Experts note that major issues may arise from secondary effects if a tariff conflict ensues, but the proposed 12% safeguard duty could protect India's steel sector.