Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
India imposes 12% to 11% steel duties on imports from China, Vietnam, and Nepal to protect domestic producers.
To protect its domestic steel industry from an increase in low-cost and possibly subpar imports, India has imposed a three-year safeguard duty on some steel imports from China, Vietnam, and Nepal.
The duty starts at 12% and gradually drops to 11% by the third year.
Following a temporary 12% tariff imposed in April, the measure—which is based on a recommendation from the Directorate General of Trade Remedies—excludes imports from specific developing nations and specialty steels.
In the midst of ongoing tensions in international trade, the action attempts to protect local producers from unfair trade practices.
38 Articles
India impone aranceles al acero del 12% al 11% sobre las importaciones de China, Vietnam y Nepal para proteger a los productores nacionales.