India takes BIG step against steel imports from China, imposes ...tariff for 3 years on select products

https://ift.tt/rkw7lsu an effort to curb cheap imports from China, India has imposed a three-year import tariff of between 11% and 12% on certain steel products, according to a finance ministry order published on Tuesday. The safeguard duty will be imposed at 12% in the first year, 11.5% in the second year, and 11% in the third year, as the government aims to protect India's domestic steel industry from cheap shipments.

donewssuper.blogspot.com Varsha Agarwal