US President Donald Trump has implemented a 25% tariff on steel and aluminum imports, which came into effect on Wednesday. The move is intended to bolster factory jobs in the United States, although it has raised concerns in the market. The exemptions have been eliminated, and the aluminum tariffs have been raised to 10%. This decision could pose a challenge for Indian steel manufacturers and lead to potential trade disputes on the international stage. On the flip side, domestic steel producers in the US stand to gain from increased prices and improved market access as a result of these protective measures.