Industry News

Tariffs paused, and Sensex rose, but India’s metal markets are still jittery

Views : 162
Update time : 2025-04-14 15:58:11
The United States President, Donald J Trump, has announced a partial reprieve (a chunk of the additional ones, actually) from his reciprocal tariff imposition till July 9, 2025. India, which had been hit with a 26 per cent reciprocal tariff effective from April 9, has caught a temporary breather. But analysts warn — now is not the time for aluminium producers to let their guard down.

The announcement to reprieve India and others from reciprocal tariff

In a post on Truth Social, Trump declared, “Based on the fact that more than 75 countries have called representatives of the US to negotiate a solution and that these countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorised a 90-day pause, and a substantially lowered reciprocal tariff during this period, of 10 per cent, also effective immediately.”

Supporting reasons for such a sudden decision

Related News
Read More >>
Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains
Feb .24.2026
Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains
Argentina terminates AD duties on China’s aluminum sheets Argentina terminates AD duties on China’s aluminum sheets
Feb .24.2026
Argentina terminates AD duties on China’s aluminum sheets
Nippon Steel raises prices for 300 series stainless steel dramatically Nippon Steel raises prices for 300 series stainless steel dramatically
Feb .24.2026
Nippon Steel raises prices for 300 series stainless steel dramatically
Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain
Feb .24.2026
Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain