US President Donald Trump is likely to dust off a 1930 trade law, largely forgotten for decades, to back his new reciprocal tariffs that will match other countries’ higher import taxes, trade and legal experts say.

India's smaller steelmakers could be forced out of business by a further surge in imports resulting from sharp tariff increases imposed by U.S. President Donald Trump, industry executives warned on Monday.

Economists at global banks from Morgan Stanley to Nomura Holdings Inc. have identified India and Thailand as among the nations most exposed to risks from President Donald Trump’s vow to impose reciprocal tariffs on trading partners.