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China may dump EVs, batteries into India as US hikes tariffs: GTRI
short by Debaroti Adhikary / on Wednesday, 15 May, 2024
India may become a dumping ground for Chinese goods like EVs and batteries after US raises tariffs on Chinese imports, said Global Trade Research Initiative (GTRI) on Tuesday. It however added higher duties on Chinese face masks, syringes and other items will provide a significant export opportunity for India. US will quadruple tariffs on imported Chinese EVs to 100%.
read more at Moneycontrol