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    India Federation Of Trade And Industry Recommended Tariff Increase For Chinese Imports

    2020/5/6 18:23:00 0

    IndiaChinaImportsTariffsInternational Observation

    The India Federation of Commerce and industry recommended to the central government that in order to help the domestic industry and market overcome the challenge of new crown pneumonia and restore its competitiveness smoothly, during the transition period, in order to avoid the threat of dumping from China's cheap products, it should recommend at least 6 consecutive months of import tariffs from Chinese products, except for necessities.

    The Council pointed out that if the central government does not immediately take special tariff measures to stop imports of Chinese products directly from China or through ASEAN, it may cause significant damage to the domestic manufacturing industry in India, and even increase the unemployment rate. It will also point out that China has obviously caused significant damage to its trade partners' domestic industry from various countries' continuous trade relief investigations.

    The Association believes that China often provides many illegal subsidies to its domestic manufacturing industry. In addition, China often uses various industries' departments to rescue or run difficulties. In addition, when the global economy is in a slump, China and other countries take export oriented and large quantities of stocks, and actively carry out dumping activities to countries such as India, which import large quantities of commodities and final products.

    The India trade policy or FTA is one of the major industrial and commercial organizations consulted by the government.

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    The Proportion Of Chinese Consumers' Purchases Will Grow Further.

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