Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
China has overcapacity in many sectors such as electric vehicles and
hence threat of dumping of goods cannot be ruled out in the domestic market due
to the escalating trade war between Beijing and Washington, exporters’ body
FIEO said on Thursday 16 May.
The US on Tuesday announced plans to slap new tariffs on Chinese
electric vehicles, advanced batteries, solar cells, steel, aluminum and medical
equipment. According to a report by think tank GTRI, the escalation of the
trade war between the US and China may push Beijing to dump goods in the Indian
markets… Of the products affected by additional duties on China, India has
opportunities in facemasks, PPE, syringes, needles, medical gloves, aluminium
and iron and steel. “Opportunity may come in China also with retaliation on US
exports, provided we have market access in products targeted by China,” he
said.
The DGTR (Directorate General
of Trade Remedies) is an investigation arm of the commerce ministry that deals
with anti-dumping duty, safeguard duty, and countervailing duty. These duties are trade remedy measures, provided under an agreement of
the World Trade Organisation (WTO) to its member countries.
