The surge in paper imports by 60% in the first six months of the fiscal has led the Indian Paper Manufacturers Association (IPMA) to write to the Centre seeking an end to preferential tariff treatment to importers.
India has expressed its “deep disappointment” over the US’ refusal to agree on the public stockholding issue at the on-going World Trade Organisation (WTO) 11th Ministerial Conference (MC 11) in Buenos Aires.
U.S. President Donald Trump’s trade chief said on Monday that the WTO is losing its focus on trade negotiations in favor of litigation, and was going too easy on wealthier developing countries such as China.
South Korea's exports of washers to the United States will likely halve once the U.S. government approves the recommendations by the ITC to impose anti-dumping tariffs on South Korean washers.
The move to protect some sectors came as concerns mounted in Pakistan that its ally China was destroying domestic manufacturing by flooding the market with cheap goods
The US International Trade Commission (ITC) has concluded that the United States should proceed with the introduction of anti-dumping and countervailing duties on softwood lumber from Canada.
The U.S. and Europe argued the world trading system is failing to live up to expectations, even as China defended the existing order and urged countries to forge ahead with globalization.
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