{"id":32823,"date":"2025-04-23T22:30:33","date_gmt":"2025-04-23T17:00:33","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=32823"},"modified":"2025-04-24T12:04:52","modified_gmt":"2025-04-24T06:34:52","slug":"steel-import","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/","title":{"rendered":"Steel Import Tariff India: 12% Duty to Boost Domestic Industry | April 2025 Update"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Government_Imposes_12_Tariff_on_Steel_Imports_to_Protect_Domestic_Producers\" >Government Imposes 12% Tariff on Steel Imports to Protect Domestic Producers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Impact_on_Steel_Industry_and_Domestic_Market\" >Impact on Steel Industry and Domestic Market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#International_Trade_Relations_and_WTO_Compliance\" >International Trade Relations and WTO Compliance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Support_from_Industry_Stakeholders\" >Support from Industry Stakeholders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Economic_and_Strategic_Rationale_Behind_the_Tariff\" >Economic and Strategic Rationale Behind the Tariff<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Why_This_News_is_Important_for_Exam_Aspirants\" >Why This News is Important for Exam Aspirants<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Crucial_for_Economic_and_Trade-Related_Questions\" >Crucial for Economic and Trade-Related Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Relevance_to_Current_Affairs_and_Policy-Making_Topics\" >Relevance to Current Affairs and Policy-Making Topics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Supports_Broader_Understanding_of_Industrial_and_Economic_Strategy\" >Supports Broader Understanding of Industrial and Economic Strategy<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Historical_Context\" >Historical Context<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Past_Challenges_Faced_by_Indian_Steel_Industry\" >Past Challenges Faced by Indian Steel Industry<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Previous_Policy_Measures_and_Their_Limitations\" >Previous Policy Measures and Their Limitations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Recent_Global_Trends_in_Steel_Trade\" >Recent Global Trends in Steel Trade<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Key_Takeaways_from_%E2%80%9CIndia_Imposes_12_Tariff_on_Steel_Imports%E2%80%9D\" >Key Takeaways from \u201cIndia Imposes 12% Tariff on Steel Imports\u201d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#FAQs_Frequently_Asked_Questions\" >FAQs: Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#1_Why_has_India_imposed_a_12_tariff_on_steel_imports\" >1. Why has India imposed a 12% tariff on steel imports?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#2_Will_this_move_affect_steel_prices_in_India\" >2. Will this move affect steel prices in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#3_Is_this_import_tariff_in_line_with_WTO_regulations\" >3. Is this import tariff in line with WTO regulations?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#4_How_does_this_move_align_with_Atmanirbhar_Bharat\" >4. How does this move align with Atmanirbhar Bharat?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#5_Which_industries_will_be_most_affected_by_this_policy\" >5. Which industries will be most affected by this policy?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/steel-import\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Government_Imposes_12_Tariff_on_Steel_Imports_to_Protect_Domestic_Producers\"><\/span><strong>Government Imposes 12% Tariff on Steel Imports to Protect Domestic Producers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In a significant move aimed at strengthening the domestic steel industry, the Government of India has imposed a <strong>12% import tariff on select categories of steel<\/strong>. This measure is designed to counter the influx of cheap steel imports, particularly from countries like China, which has been exporting excess production at prices lower than domestic rates in India. The decision comes amid growing concerns from Indian steel manufacturers about unfair competition and market distortion.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_on_Steel_Industry_and_Domestic_Market\"><\/span><strong>Impact on Steel Industry and Domestic Market<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The 12% tariff is expected to <strong>increase the cost of imported steel<\/strong>, thereby making locally-produced steel more competitive. Indian manufacturers have often cited issues such as undercutting prices and dumping practices by foreign exporters. By implementing this tariff, the government aims to <strong>support domestic production, stabilize pricing, and preserve jobs<\/strong> in the sector, which is critical to infrastructure and national development.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"International_Trade_Relations_and_WTO_Compliance\"><\/span><strong>International Trade Relations and WTO Compliance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>India has assured that this decision complies with <strong>World Trade Organization (WTO)<\/strong> norms. The tariff is categorized under protective measures rather than punitive ones. It targets only specific categories of imported steel where dumping has been detected, thus maintaining <strong>fair trade practices<\/strong> while protecting national economic interests.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Support_from_Industry_Stakeholders\"><\/span><strong>Support from Industry Stakeholders<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Leading steel producers such as Tata Steel, JSW Steel, and Steel Authority of India (SAIL) have <strong>welcomed the decision<\/strong>, stating that it was necessary to prevent long-term damage to the domestic steel ecosystem. Industry experts believe that this move could lead to increased investment in domestic capacity expansion and innovation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Economic_and_Strategic_Rationale_Behind_the_Tariff\"><\/span><strong>Economic and Strategic Rationale Behind the Tariff<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>India\u2019s steel sector is a <strong>strategic industry<\/strong>, vital to infrastructure, construction, railways, and defense. The import tariff not only shields Indian companies from global price volatility but also <strong>ensures supply chain security and self-reliance<\/strong>, especially under the &#8220;Atmanirbhar Bharat&#8221; initiative. It is also expected to <strong>reduce trade imbalances<\/strong> with exporting countries.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\" id=\"steel-import-tariff-India\"><img decoding=\"async\" width=\"299\" height=\"168\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/04\/download-42.jpeg\" alt=\"steel import tariff India\" class=\"wp-image-32824\" style=\"width:840px;height:auto\" title=\"steel import tariff India\"\/><figcaption class=\"wp-element-caption\">steel import tariff India<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_is_Important_for_Exam_Aspirants\"><\/span><strong>Why This News is Important for Exam Aspirants<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crucial_for_Economic_and_Trade-Related_Questions\"><\/span><strong>Crucial for Economic and Trade-Related Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>For candidates preparing for exams like UPSC, SSC, and banking services, this news is directly related to <strong>economic policies, trade regulations, and industrial protectionism<\/strong>. It reflects how the government uses fiscal tools like tariffs to address external trade imbalances and support domestic industries, a concept often tested in competitive exams.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Relevance_to_Current_Affairs_and_Policy-Making_Topics\"><\/span><strong>Relevance to Current Affairs and Policy-Making Topics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This news is a relevant update for <strong>current affairs sections<\/strong>, especially in exams for positions in civil services and public policy. It also offers insights into India\u2019s international trade practices and how global economic changes, such as China&#8217;s overproduction, can affect Indian industry and policy response.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Supports_Broader_Understanding_of_Industrial_and_Economic_Strategy\"><\/span><strong>Supports Broader Understanding of Industrial and Economic Strategy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The topic ties into larger themes such as <strong>Make in India, Atmanirbhar Bharat, and import substitution strategies<\/strong>, which are part of long-term economic planning. A clear understanding of such measures can significantly enhance a student\u2019s performance in essay-type or descriptive answers in exams like UPSC Mains or State PSCs.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span><strong>Historical Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Past_Challenges_Faced_by_Indian_Steel_Industry\"><\/span><strong>Past Challenges Faced by Indian Steel Industry<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>India\u2019s steel industry has historically been affected by <strong>dumping practices<\/strong>, particularly from countries with surplus production capacity such as China and South Korea. In past years, the government has resorted to <strong>anti-dumping duties and safeguard duties<\/strong> to counter these effects. However, these were either temporary or sector-specific.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Previous_Policy_Measures_and_Their_Limitations\"><\/span><strong>Previous Policy Measures and Their Limitations<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Although India has attempted protective measures before, the lack of a consistent and robust import control policy has led to <strong>continued pressure on domestic manufacturers<\/strong>. Prior interventions had mixed success, often hampered by global trade obligations or inadequate enforcement.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Global_Trends_in_Steel_Trade\"><\/span><strong>Recent Global Trends in Steel Trade<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The global steel market is currently facing <strong>supply-demand imbalances<\/strong>, with many developed countries imposing restrictions or subsidies to protect their own producers. India\u2019s move aligns with a global trend of protecting strategic industries amid rising geopolitical and economic uncertainties.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_%E2%80%9CIndia_Imposes_12_Tariff_on_Steel_Imports%E2%80%9D\"><\/span><strong>Key Takeaways from \u201cIndia Imposes 12% Tariff on Steel Imports\u201d<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>S.No.<\/strong><\/th><th><strong>Key Takeaway<\/strong><\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>India has imposed a 12% tariff on select steel imports to protect its domestic industry.<\/td><\/tr><tr><td>2<\/td><td>The tariff aims to prevent cheap steel imports, especially from China, which harms local manufacturers.<\/td><\/tr><tr><td>3<\/td><td>The move aligns with WTO rules and targets only specific categories of steel.<\/td><\/tr><tr><td>4<\/td><td>Major steel companies in India support the decision as a step towards self-reliance and fair trade.<\/td><\/tr><tr><td>5<\/td><td>The tariff reflects broader policy objectives like Atmanirbhar Bharat and aims to stabilize domestic production.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">steel import tariff India<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_Frequently_Asked_Questions\"><\/span><strong>FAQs: Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Why_has_India_imposed_a_12_tariff_on_steel_imports\"><\/span><strong>1. Why has India imposed a 12% tariff on steel imports?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>India imposed the tariff to protect its domestic steel industry from cheap imports, particularly from countries like China that are selling steel at prices lower than the Indian market, thereby undercutting local manufacturers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Will_this_move_affect_steel_prices_in_India\"><\/span><strong>2. Will this move affect steel prices in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Yes, the tariff may result in a slight increase in prices of imported steel. However, it is expected to stabilize prices in the domestic market and encourage local production.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Is_this_import_tariff_in_line_with_WTO_regulations\"><\/span><strong>3. Is this import tariff in line with WTO regulations?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Yes, India has imposed the tariff in compliance with World Trade Organization (WTO) rules, classifying it as a protective measure and not a punitive one.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_How_does_this_move_align_with_Atmanirbhar_Bharat\"><\/span><strong>4. How does this move align with Atmanirbhar Bharat?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The tariff supports the <strong>Atmanirbhar Bharat<\/strong> initiative by promoting self-reliance in the steel sector, encouraging domestic manufacturing, and reducing dependency on foreign imports.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Which_industries_will_be_most_affected_by_this_policy\"><\/span><strong>5. Which industries will be most affected by this policy?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Industries relying on imported steel\u2014such as construction, automotive, and heavy engineering\u2014might face short-term cost increases. However, the policy is expected to benefit the domestic steel manufacturing sector significantly.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/international\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Banking Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/railway\/\" target=\"_blank\" rel=\"noreferrer noopener\">Railways Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/defence\/\" target=\"_blank\" rel=\"noreferrer noopener\">Defence Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--4\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs?newsmaticargs=custom&amp;posts=today\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--5\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairsinhindi\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current Affairs In Hindi<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--6\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/news-and-notifications\/\" target=\"_blank\" rel=\"noreferrer noopener\">News and Notifications<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg\" alt=\"Download this App for Daily Current Affairs MCQ&#039;s\" class=\"wp-image-247\" title=\"\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-300x50.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Download this App for Daily Current Affairs MCQ&#8217;s<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"News-Website-Development-Company\"><a href=\"https:\/\/www.martindiainfotech.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png\" alt=\"News Website Development Company\" class=\"wp-image-438\" title=\"News Website Development Company\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-300x50.png 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-768x128.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">News Website Development Company<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Government Imposes 12% Tariff on Steel Imports to Protect Domestic Producers In a significant move aimed at strengthening the domestic steel industry, the Government of India has imposed a 12% import tariff on select categories of steel. This measure is designed to counter the influx of cheap steel imports, particularly from countries like China, which&#8230;<\/p>\n","protected":false},"author":6,"featured_media":32824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144,10],"tags":[7713,22283,253,1591,3273,22284],"class_list":["post-32823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy_finance","category-national","tag-atmanirbhar-bharat","tag-import-tariff","tag-india-economy","tag-international-trade","tag-steel-industry","tag-wto-compliance"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/32823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=32823"}],"version-history":[{"count":1,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/32823\/revisions"}],"predecessor-version":[{"id":32825,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/32823\/revisions\/32825"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/32824"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=32823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=32823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=32823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}