New Delhi: India is exploring levying retaliatory tariffs on a range of high-value US exports if a resolution is not found by early June on the Trump administration’s extension of safeguard duties on Indian steel and aluminium exports, two persons familiar with the development said, ahead of commerce minister Piyush Goyal visit to Washington this week at the head of a trade delegation.

       India on Monday informed the World Trade Organization (WTO) that it will impose $1.91 billion of levies on imports from the US in retaliation against Trump's move but left a 30-day window for talks, showed a communication from New Delhi to the global trade body.

       Unlock Premium Insights in This Article

       Take your experience further with Mint Premium- access thought-provoking opinions, expert analysis and in-depth insights

       Subscribe now Already subscribed? Login

       Premium benefits

       40+ Premium Articles Daily

       WSJ, Economist, Barron's Access

       E-paper Access

       Explainers & Deep Dives

       Stock Analysis & Investment Insights

       Mint Lounge & Beyond