The European Union drew up the list in March but pledged not activate it unless US President Donald Trump followed through on his threat to impose tariffs on steel imports and aluminium.
China plans to cut import tariffs on some consumer products ranging from food and cosmetics as early as July 1, Bloomberg reported on Thursday, citing unidentified sources.
US steel producers complained imports of Chinese-made steel through other countries soared after anti-dumping charges were imposed.
In its representation, India said imposing import duties on steel and aluminium will impact export of these products to the US, and is against global trade norms
China's Customs Tariff Commission is increasing the tariff rate on eight imported US products, including pork, by 25 per cent.
Trump has mentioned India along with China several times over the last few months in the context of reciprocal taxes, alleging unfair import duties on American products and violation of WTO
The commerce ministry is planning an internal meeting with senior economists and foreign policy experts ahead of the visit of the Chinese trade minister.