India Imposes 12% Tariff on Chinese Steel Imports
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
India's Tariff on Steel Imports: India has imposed a 12% safeguard tariff on steel imports from China, effective April 21, 2025, to support domestic producers and create fair competition in the market.
Impact on Domestic Industry: The tariff aims to alleviate pressure on local steel manufacturers, potentially stabilizing prices and reducing reliance on imported steel, while its broader economic effects are still developing.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
