New Delhi, March 19 -- India's Directorate General of Trade Remedies (DGTR) has recommended a 12 per cent safeguard duty on some steel products to protect the country's domestic industry from a surge in dumping of cheap imports from countries like China, South Korea and Vietnam, due to the sharp increase in US tariffs announced by the Donald Trump administration.
The Directorate General of Trade Remedies, which is the Commerce Ministry's trade investigations arm, has recommended the duties be applied for a period of 200 days, according to a preliminary decision published late on Tuesday. "Any delay in imposition of provisional safeguard measures would cause further damage to the domestic industry, which may be irreparable, both in relati...
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