New Delhi, Sep 12 (KNN) The Indian government has announced a five-year extension of anti-subsidy duties on imports of welded stainless steel pipes and tubes from China and Vietnam.

The US Department of Commerce (DOC) has received a request for anti-dumping and anti-subsidy probe into corrosion-resistant steel products (CORE) from 10 countries, including Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV).

With a highly open economy like Vietnam, exports are an important driving force for economic growth. In many major markets, the recovery in year-end consumption of goods creates more room for industries to contribute to export turnover.

The European Commission has rejected offers from some Chinese electric car manufacturers to offset the benefits of government subsidies and thus avoid the blow of European duties. The dialogue between China and the European Union to avoid a trade war remains open.

IN an alarming and protectionist trend, Canada has joined forces with the United States and the European Union to impose punitive tariffs on Chinese electric vehicles (EVs). A 100 percent tariff on China-made EVs, coupled with a 25 percent duty on Chinese steel and aluminum, reflects a clear attempt to challenge China's growing influence in the global automotive market.

Some producers might have second thoughts about seeding the crop, says the president of Agricultural Producers Association of Saskatchewan

China's Commerce Ministry on Wednesday called Canada's intention to impose further tariffs on its batteries, tech products and critical minerals "dangerous," according to state media.

Wrapping up a four-day visit to China, Spanish Prime Minister Pedro Sanchez emphasized on Wednesday that his country will be constructive and try to find a solution between China and the European Commission to avoid a potential trade war over electric vehicles and other issues.