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However, immediately after the imposition of US tariffs inApril 2018, the balance of trade turned negative as no retaliatory tariffs (safeguard duties) onsteel products were imposed by the Indian authorities to check the sudden diversion of trade.
The study has attempted to analyse the factors responsible for the surge in imports of steel products in India immediately after the implementation of tariffs on steel products by the United States under Section 232 of the Trade Expansion Act of 1962. To identify the factors, the study has mainly utilized Bilateral Revealed Comparative Advantage, Export Intensity Index, and SMART partial equilibrium modelling tool as methodology.
Z. Hussain and A.Illiyan (2025) "Implications of United States Steel Tariffs on Indian Steel Import Patterns: A Case of Indias Preferential Trade Agreements and International Trade Law ", GNLU Journal of Law And Economics : Volume V 2022, Issue II
Available at:
https://gnlu.ac.in/GJLE/Publications/Implications of United States Steel Tariffs on Indian Steel Import Patterns: A Case of Indias Preferential Trade Agreements and International Trade Law