India's Vedanta says Trump's tariffs damaging, seeks import curbs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 04 2025
0mins
Source: Reuters
Impact of U.S. Tariffs on Indian Aluminium Industry: Vedanta has expressed concerns that President Trump's decision to double aluminium tariffs to 50% will negatively affect the already struggling Indian aluminium industry, which is facing challenges from rising imports and potential market surplus.
Government Response and Export Data: The Indian government is urged to implement protective tariffs for the aluminium sector, while recent data shows a 19% decline in India's aluminium exports for the fiscal year ending March 2025; however, the impact of steel tariffs from the U.S. is deemed minimal for India’s steel industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
