Business Standard

Response to trade war takes centre stage as govt mulls fresh import curbs

Items being considered include metals, minerals and more electronic finished goods

US China trade war
Premium

The US on Friday imposed up to 25% import tariff on 818 Chinese products. The move is set to affect around $34 billion worth of US imports

Subhayan ChakrabortyShine JacobArup Roychoudhury New Delhi
The government is mulling a second set of duty hikes to reduce the risk of dumping from China and curb the widening trade deficit. Business Standard has learnt from multiple sources across central ministries that metals and minerals are being considered now. These will include certain grades of iron ore, copper ore, aluminum scrap and zinc. Some other items including finished electronic, especially those for which China is a major manufacturer, are also being considered.

Government officials said only certain qualities of these metals could be subject to tariff hikes. “Take, for example, iron ore. For higher grades of iron

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in