Current Context: India imposed five-year anti-dumping duties on imports from China, Russia, and Taiwan, targeting aluminium foil, Pretilachlor, and Acetonitrile, to protect domestic industries.
ABOUT ANTI-DUMPING DUTY:
- Concept:
- Legally, dumping means selling products abroad at prices lower than those in the exporter’s home market.
- To counter this, India and WTO/GATT allow anti-dumping duties—tariffs that level the price playing field.
- Products & Origin:
- Aluminium foil (5.5–80 microns) from China
- Pretilachlor (agricultural herbicide) from China
- Acetonitrile (pharma/agrochemical solvent) from China, Taiwan, Russia