Ref : https://indianexpress.com/article/business/economy/govt-clamps-down-on-dumping-from-china-over-1-3rd-anti-dumping-duties-levied-in-cases-with-sole-or-two-producers-since-fy22-9310194/ Why in the news? The government tightens restrictions on imports from China. More than a third of anti-dumping tariffs imposed in cases involving only one or two manufacturers since the fiscal year 2022. What is Anti-Dumping Duty? What is Countervailing duty (CVD)?
Important for Prelims: Indian EconomyMains: General Studies Paper III NEWS of International Economic Organizations WTO panel rules against India in IT tariffs dispute with EU, others About the News: About World Trade Organization (WTO) Read more about WTO, click here Practice Questions for Prelims Identify the correct sequence of steps involved in becoming a WTO…
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