India's Vedanta says Trump's tariffs damaging, seeks import curbs

(Reuters) -Indian metals-to-oil conglomerate Vedanta said on Wednesday that U.S. President Donald Trump's doubling of aluminium tariffs to 50% poses a threat to the Indian industry already struggling with surging imports. Trump's latest round of tariffs on aluminium and steel, which took effect on Wednesday, have unsettled the global markets. "The 50% tariff announced by Trump is damaging to the Indian aluminium industry, which is already under pressure from surging imports that threaten to create surplus and risk to domestic market access," a Vedanta spokesperson told Reuters.