US, India Formally Drop Disputes at WTO Following Deal

The U.S. and India formally submitted their bids to end five disputes at the World Trade Organization, including a dispute surrounding India's retaliatory tariffs on some U.S. goods due to the Section 232 steel and aluminum duties. India and the U.S. told the WTO that mutually agreed to solutions were reached in India's disputes against U.S. countervailing duties on hot-rolled carbon steel flat products from India, measures on the renewable energy sector and Section 232 duties on steel and aluminum products. Solutions were also reached in the U.S. objection to India's measures on solar cells and modules and export-related restrictions. The deal to drop the cases was struck during a visit from Indian Prime Minister Narendra Modi to the White House in June (see 2306230038).