New Delhi, Oct. 9 -- New Delhi has allowed the expiry of anti-dumping duties on a range of goods from several countries including China, signalling a recalibration in its approach to trade protection.
The withdrawal of duties on key auto components from China comes even as New Delhi and Beijing move to normalize their relations in a world rocked by tariffs and protectionism. Components from China such as axle beams and steering critical for commercial vehicles, trucks, and buses, had been subject to punitive tariffs since 2008, with the latest extension lapsing in July, 2023. India has decided not to extend the tariffs since then.
The move was detailed in a filing to the World Trade Organization (WTO) on 7 October, against the backdrop ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.