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India moves to impose anti-dumping duty on Chinese mica pigment

Original: डंपिंग

India has recommended a five-year anti-dumping duty on cheap mica pigment imported from China, a move aimed at protecting domestic producers from underpriced imports. Zee Business reported that the recommendation would place a strict clampdown, described in Hindi as a 'shikanja' or trap, on Chinese shipments of the pigment. Anti-dumping duties are imposed when goods are sold below fair market value and harm local industry.

Why now: A fresh anti-dumping recommendation against Chinese mica pigment has just been reported, drawing attention amid ongoing trade tensions with China.

IndiaChinaZee Business

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