The Press Trust of India writes that the country’s government is likely to implement an anti-dumping duty on bus and truck radials imported from China and Thailand.
The Commerce Ministry’s Directorate General of Anti-Dumping and Allied Duties (DGAD), it reports, has recommended a $90 duty per iyre.
"Anti-dumping duty to be imposed on new/unused pneumatic radial tires, with or without tubes and flaps of rubber used in buses and lorries/trucks," PTI quoted the DGAD as saying. The final decision on the recommendation will be made by India’s Finance Ministry. (Tyres & Accessories)