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Financial Express Chennai
|March 14, 2025
GOVERNMENT OFFICIALS ALSO suggested sourcing of goods like plastics and chemicals from the US, reducing the reliance on China.
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Along with the immediate threat of reciprocal tariffs by the US from April 2, the industry also flagged the risk of dumping of products like steel, plastics and chemicals from China, as its access in the American market is curtailed. The officials told them to immediately alert them of any surge in imports from the neighboring country. Concerns were also expressed on heightened competition from dumping by China in other markets which might undermine India's
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