Business India drags US to WTO over the imposition of import duties Updated : May 19, 2018 03:12 PM IST Trump signed two proclamations that levied a 25 percent tariff on steel and a 10 percent tariff on aluminium. India's exports to the US in 2016-17 stood at $ 42.21 billion, while imports were $ 22.3 billion. The US recently filed a dispute against India on export incentives. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.