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Wednesday, May 15, 2024

China may dump EVs, batteries into India with higher US tariffs: GTRI :-ET Prime

 


India may become a dumping ground for Chinese products such as Electric Vehicles (EVs), batteries and other new technology items with the US raising tariffs on these imports from Beijing, economic think tank Global Trade Research Initiative (GTRI) said Tuesday.

“The raising of tariff on EVs, batteries and many other new technology items by the US may push China to dump these products in other markers including India. It’s a moment for India’s Directorate General of Trade Remedies to remain vigilant,” it said.





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