India imposes three-year tariff on some steel products after ‘sudden, sharp’ increase in imports

China, Vietnam, and Nepal will be subject to the levy; known as a safeguard duty, it be imposed at 12% in the ​first year followed by 11.5% in ⁠the second year and then 11% in the third year

​China, Vietnam, and Nepal will be subject to the levy; known as a safeguard duty, it be imposed at 12% in the ​first year followed by 11.5% in ⁠the second year and then 11% in the third year