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Exporters flag concerns of dumping from China
Business Standard
|April 04, 2025
Washington's decision to impose a 27 percent reciprocal tariff on India not only threatens short-term demand but also intensifies fears of dumping from China, exporters said.
Until now, American buyers had already been holding off on orders due to a lack of clarity on reciprocal tariffs. Now that the levy has been announced, Indian suppliers will reach out to them to discuss the way forward, they said.
US President Donald Trump on Wednesday signed an executive order on reciprocal tariffs, imposing additional ad valorem duties ranging from 10-50 percent on imports from a large number of trading partners.
The baseline duty of 10 percent will take effect on Saturday, while the remaining country-specific additional duty will be effective from April 9.
A 34 percent reciprocal tariff will be imposed on China, in addition to the 20 percent tariff already in place.
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