New Delhi: India’s crop. With this, tension on the border is over, but India has started targeting the countries supporting Pakistan. India has dropped a tariff bomb on China, imposing anti-dumping duty on the Titanium dioxide imported from China. This fee has been imposed for the next five years. The Finance Ministry has notified anti-dumping fee between $ 460 to $ 681 per tonne.
This decision is taken by the Director General of Trade Treatment (DGTR) of India. Titanium oxide is used in almost all industries. These include paint, plastic, paper and food industries. This will affect Indian companies connected to it. These will include companies related to Asian Paints, Berger Paints, Shalimar Paints etc.
Apart from this, the ongoing tension between the US and China on the issue of global trade war is also over. According to US Treasury Secretary Scott Besant, he has reached an agreement with China after a two -day meeting. This will help the US reduce the $ 1.2 trillion trade deficit with China. However, it is not clear whether it will reduce the trade deficit. Apart from this, no clear announcement has been made regarding tariff cuts.
Thus, after the tension with Pakistan on the border ends, India has started targeting the countries supporting it. No one would be surprised if India’s next goal is Türkiye.
Air India and IndiGo stopped flights to many cities including Rajkot, Jamnagar due to security concern
