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  Business   In Other News  13 Aug 2020  China increases anti-dumping tariff on Indian fibre optic product for 5 years

China increases anti-dumping tariff on Indian fibre optic product for 5 years

REUTERS
Published : Aug 13, 2020, 9:01 am IST
Updated : Aug 13, 2020, 9:01 am IST

The punitive tariff on single-mode optical fibre takes effect from August 14 and lasts for five years

  China is extending an anti-dumping tariff on a fibre optic product made in India. (AP Photo)
  China is extending an anti-dumping tariff on a fibre optic product made in India. (AP Photo)

SINGAPORE: China is extending an anti-dumping tariff on a fibre optic product made in India, the Ministry of Commerce said on Thursday.

The punitive tariff on single-mode optical fibre takes effect from Aug. 14 and lasts for five years, with tariffs ranging between 7.4% and 30.6% depending on the specific Indian manufacturers, the ministry said.

China previously slapped an anti-dumping tariff on the same Indian product for five years until mid-August of 2019 and then had a review of the case.

Tags: india, china, anti-dumping tariff, fibre optic product, made in india
Location: Singapore, , Singapore