Current Affairs - National - Discussion

India would introduce retaliatory tariffs worth $240 million soon on a revised list of 30 items imported from the United States to counter United States move to increase duties on Indian steel and aluminium. This move has been made at a time when India is planning to negotiate a "trade package" with the United States to ease tensions between both the countries. In the revised list, India has reduced the proposed maximum additional duties from 100% (on walnuts) to 50% (on Harley-Davidson). India had asked the US government to exempt it from its 25% tax on steel and 10% on aluminium imposed by US President Donald Trump on the basis of national security.