Duty Cuts on Chinese Imports - 80% items
At a time when the entire domestic industry is under tremendous slowdown there cant be a policy that allows India to get flooded with cheap chinese imports.
This has to be taken up by LocalCircles in the interest of sme startups and traders.
Is there a trader or retailer association In India or are they non existent. I see nothing here in hyderabad. more
Yes this was discussed in the Trade ministers' meet at Bangkok .“With China, the attempt is to limit elimination of tariffs up to about 70 per cent of traded items which is to be spread over thirty years.
If the number of tariffs to be initially slashed remains high, the Indian industry will face immediate heat not only from China but also from the ASEAN, Japan and South Korea with which it already has bilateral free trade agreements (FTAs).
IT IS A MATTER OF CONCERN FOR ANY INDIAN INDUSTRY TO FLOURISH IN THEIR OWN SOIL. more
Trump is literally kicking them out, the Chinese have entrenched themselves so much in the North American market, that from birth to death a American is wrapped in Chinese goods.
If the treat is signed, well Chinese stuff will flood India more at cheap rates we cannot imagine. more