India imposes anti-dumping duties on plastic processing machines imported from China, Taiwan
India has taken steps to protect its domestic industries. Anti-Dumping Duties are now in effect for five years on plastic processing machines. These machines are imported from China and Taiwan. The Directorate General of Trade Remedies recommended this action. Mica pearlescent pigments for automobiles will not face countervailing duty if imported from China.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
6 hours ago
- Time of India
Israel To Send Medical Aid To Syrian Druze Amid Ceasefire After Deadly Fighting
Donald Trump Threatens 10% Tariff on 'Little' BRICS: India Among Nations Warned of 'Very Quick End' US President Donald Trump has sounded alarm bells for India, issuing a direct 10% tariff threat on all BRICS nations. In his remarks, Trump warned that if BRICS forms 'in a meaningful way, it will end very quickly.' While he didn't name countries, India, one of the founding BRICS members, is firmly in the spotlight. The comments follow BRICS expansion and moves like BRICS Pay, a cross-border payment system aimed at reducing dollar dependency. Trump labeled these initiatives 'anti-American,' and pledged to block any US digital currency to defend the dollar. India, balancing ties with the US and the Global South, now finds itself in a strategic squeeze: stay aligned with BRICS or risk economic retaliation? With a 50% tariff slapped on Brazil and more threats looming, how will India navigate this geopolitical and economic crossfire?#donaldtrump #brics #india #indiaus #brics #trumptariff #dollarvsrupee #globaltrade #geopolitics #toi #toibharat #bharat #trending #breakingnews #indianews 2.7K views | 1 day ago
United News of India
7 hours ago
- United News of India
Trump mocks BRICS nations, says his 10 pc tariff threat ‘hit them very hard'
Washington, July 19 (UNI) Doubling down on his 10% tariff threat against all BRICS countries, US President Donald Trump in press briefing yesterday claimed that he 'hit' the intra-governmental organisation 'very hard', adding that he will never allow another any the group's attempts at de-dollarisation, calling USD 'the king.' Mocking the multi-nation bloc's attempts at de-dollarisation, Trump, while talking about his administration's attempts at strengthening the US dollar said 'You have this little group called BRICS, it's fading out fast. But they wanted to take over the dominance of the dollar, and the standard of the dollar. 'Anybody that's in the BRICS consortium; we are going to tariff you 10%.' Reasserting that the USD will remain the world reserve currency for 'generations to come', he called losing the dollar's dominance akin to losing a world war. "When I heard about this group from BRICS, six countries, basically, I hit them very, very hard. And if they ever really form in a meaningful way, it will end very quickly," Trump said without naming the countries. "We can never let anyone play games with us." On June 7, Trump had threatened all countries who were aligning with BRICS an additional 10% tariff, claiming that the group's policies were 'anti-American.' 'Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy. Thank you for your attention to this matter!" Trump said in a post on Truth Social. During the summit in Rio De Janeiro, BRICS countries had condemned the US tariffs and its strikes on Iran's nuclear facilities. Stating that Washington's arbitrary tariffs were a violation of WTO rules, the member states noted that they 'threaten to reduce global trade, disrupt global supply chains, and introduce uncertainty.' Focusing on creating a multi-polar world order and present an alternative to Western hegemony, in recent years, BRICS has attracted many countries who seek to shift from Western dominance, and seek greater representation. The bloc formed Brazil, Russia, India, China, and South Africa, has expanded considerably over the years, joined by Indonesia, Saudi Arabia, Iran, the UAE, Ethiopia, and Egypt. Additionally, while not members, BRICS also has trade partnerships with Uzbekistan, Kazakhstan, Thailand, Malayasia, Belarus, Bolivia, Cuba, Nigeria, Vietnam, Uganda. The bloc's eleven member nations alone represent over 40% of the world population, contribute to over 37.3% of the global GDP by PPP, control 40% of the global oil supply, 75% of rare earth minerals, and account for 50% of the world's solar power. They also have their own money lending bodies such as the New Development Bank, offering an alternative to the IMF, ADB, and World Bank. UNI XC ANV GNK
Time of India
7 hours ago
- Time of India
Putin Dollar Shock For Trump After BRICS Declaration? Russia's Big De-Dollarisation Announcement
Donald Trump Threatens 10% Tariff on 'Little' BRICS: India Among Nations Warned of 'Very Quick End' US President Donald Trump has sounded alarm bells for India, issuing a direct 10% tariff threat on all BRICS nations. In his remarks, Trump warned that if BRICS forms 'in a meaningful way, it will end very quickly.' While he didn't name countries, India, one of the founding BRICS members, is firmly in the spotlight. The comments follow BRICS expansion and moves like BRICS Pay, a cross-border payment system aimed at reducing dollar dependency. Trump labeled these initiatives 'anti-American,' and pledged to block any US digital currency to defend the dollar. India, balancing ties with the US and the Global South, now finds itself in a strategic squeeze: stay aligned with BRICS or risk economic retaliation? With a 50% tariff slapped on Brazil and more threats looming, how will India navigate this geopolitical and economic crossfire?#donaldtrump #brics #india #indiaus #brics #trumptariff #dollarvsrupee #globaltrade #geopolitics #toi #toibharat #bharat #trending #breakingnews #indianews 2.7K views | 1 day ago
