The Commerce Department said Friday that U.S. auto sales could drop by up to 25,841 vehicles a year and prices rise if proposed rules go ahead that would ban Chinese vehicles that connect to the internet and key Chinese software and hardware.

The Commerce Department said Friday that new rules proposed to ban Chinese connected vehicles and key Chinese software and vehicle hardware in American cars could cut U.S. auto sales by up to 25,841 vehicles per year and raise prices.

The U.S. government has proposed a ban on Chinese and Russian software and hardware in connected and autonomous vehicles.

India's steelmakers have called on the government to double tariffs on steel imports to curb a surge in cheaper steel shipments from China, according to a letter from an industry association seen by Reuters.

The Indian Steel Association says increased trade tariffs on Chinese-imported steel will affect the domestic steel industry as the United States has decided to implement 25 per cent tariffs on the China-manufactured metal.

Indian Steel Association pushes for doubling the customs duty on steel imports to 15 per cent as cheap shipments from China surge India's steelmakers have called on the government to double tariffs on steel imports to curb a surge in cheaper steel shipments from China,