$700m quartz trade at stake as India takes US to WTO
Benchmarks Nifty24,287.65-78.35FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return23.43 % Invest NowEnter search text:HomeETPrimeMarketsMarket DataNewsIndustrySMEPoliticsWealthMFTechAICareersOpinionNRIPanacheThe Economic Times daily newspaper is available online now. Read Today's Paper India seeks WTO consultations with US over 50% tariff quota on quartz surface importsSECTIONSIndia seeks WTO consultations with US over 50% tariff quota on quartz surface importsBy Kirtika Suneja, ET…
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India seeks WTO consultations with US over 50% tariff quota on quartz surface imports
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India seeks WTO consultations with US over 50% tariff quota on quartz surface imports
Kirtika Suneja
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Synopsis
India has sought consultations with the US at the World Trade Organization over Washington’s tariff-rate quota on quartz surface products, effective August 15 for four years. India, which exported about $380 million of these products to the US in FY26, stated it has a “substantial interest” in the matter.
IANS
India has approached the WTO for consultations with the US over its new tariff-rate quota of up to 50% on quartz surface product imports, escalating trade tensions as both countries negotiate a broader trade deal. (Representative image)
New Delhi: India has sought consultations with the US at the World Trade Organization (WTO) on Washington’s tariff-rate quota on imports of quartz surface products. It came into effect on August 15 and will be in place for four years.
New Delhi told the WTO on August 14 that it has a “substantial interest” and proposed that the consultations take place virtually as per mutual convenience of both sides. India exported about $380 million worth of such products to the US in FY26. Washington had named India, Vietnam, Spain and Thailand as the major exporters of these goods. “India would like to propose that the consultations mentioned above take place virtually as per mutual convenience of both sides,” India told the WTO last week as it sought consultations under the WTO agreement on safeguards.
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IndiaUSquartz tariffsWTOimports of quartz surface productsUS International Trade Commissiontrade consultationssafeguard measuresSection 301 probe
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