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Govt mulls safeguard duty on four more products

11/05/2009

The government is looking at imposing safeguard duty on at least four more products to protect the domestic producers from surge in imports.

Emerging trade protectionism to dampen Chinese exports

11/05/2009

It is reported that 7 US steelmakers and United Steelworkers of America filed an anti dumping and countervailing suit to the US trade bodies for investigation on oil pipe. Then shortly, the Department of Commerce launched the official investigation. As per report, the case covers USD 2.7 billion of import and is one of the biggest ever case filed by the US against China. The anti-dumping case comprises 50 products and involves 202 Chinese suppliers. Insiders said the case was likely the beginning of a string of steel-dumping cases against China.

CVD on cement imports may go

11/05/2009

The countervailing duty (CVD) on cement imports is likely to go. The duty was reimposed in January to give relief to the domestic players and keep a check on the prices.

US Trade Panel Backs Duties On Chinese, Canadian Citric Acid

11/05/2009

WASHINGTON -(Dow Jones)- The U.S. International Trade Commission voted Friday in favor of imposing duties on citric acid and citrate salts from China and Canada after determining that the imports were hurting U.S. manufacturers.

Shanghai Show: Rising Worries on Dumping Duties for e-Bikes

10/05/2009

SHANGHAI, China – The 19th China Int’l Bicycle & Motor Fair which opened its doors last Monday indicates hat there are rising worries in China on the European Union installing a dumping duty on e-Bikes made in China and imported into the EU. What trickered these worries and rumours on such a new

India tops anti-dumping investigations, says WTO

10/05/2009

NEW DELHI: Amid global downturn, India initiated the highest number of 42 anti-dumping investigations, followed by Brazil and China, between July and December, 2008, according to a WTO report

India Steel and Auto Production up Behind Trade Barriers

10/05/2009

India is quietly weathering the global financial crisis rather well. Its economy is still protected to some extent behind trade barriers and with significant state involvement in key industries, such as defense, power generation, steel, aluminum, oil, and so on the government has supported key sectors. Its banks have not been exposed to the CDS or other financial wizardry that has brought so much of the west’s financial sector to its knees. Mr. Duvvuri Subbarao, Governor of the Reserve Bank of India, expects growth of 6% for 2009/10 led by the private sector with steel at 4-5%, coal at 5.2% and even autos and motorcycles with double digit growth.