U.S., India issue joint statement: Some Indian steel, copper to be exempt from tariffs

Editor's note: This story has been corrected to reflect that only certain Indian aircraft parts that are steel, aluminum or copper derivatives will be exempt from the U.S. Section 232 tariffs. The U.S. will lift national security tariffs on certain Indian steel, aluminum and copper derivatives as part of an “interim agreement” the two sides struck earlier this week, according to a joint statement issued Friday that details the term of the deal and promises they will work toward...