Tariffs: India battles Chinese 'dumping' as Trump's trade tensions escalate

Experts warn that a flood of cheap Chinese goods could hurt the competitiveness of Indian exports.
Watch LiveBritish Broadcasting CorporationHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingAudioPodcastsRadioAudio FAQsVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveWeatherNewslettersWatch LiveIndia worried about Chinese 'dumping' as trade tensions with Trump escalate14 hours agoShareSaveArchana ShuklaIndia business correspondentShareSaveThirunavkarsu KCheaper Chinese imports have slowed down demand for viscose yarn made in IndiaThe pace at 64-year-old Thirunavkarsu's spinning mill in southern India's Tamil Nadu state has noticeably slowed down.
The viscose yarn – a popular material that goes into making woven garments – he produces, now sits in storage, as orders from local factories have dropped nearly 40% in the last month.
That's because Chinese imports of the material have become cheaper by 15 rupees ($0.18; £0.13) per kilo and flooded Indian ports.
With Donald Trump imposing tariffs of up to 145% on Chinese goods going into the US, manufacturers in China have begun looking for alternative markets.
India's textiles makers say they are bearing the brunt of the trade tensions as Chinese producers are dumping yarn in key production hubs.
https://www.bbc.com/news/articles/ckg5d505v8xo
Rating: 5