Business News
Home > Business News
India subsidising carbon, alloy steel threaded rod: US
TIWN
TIWN
PHOTO : TIWN
New York, July 24 (TIWN) In its intensifying trade dispute with India, the United States Commerce Department has said that India and China are subsidising their carbon and alloy steel threaded rod exports and could face retaliatory action.
The Department announced on Tuesday that its countervailing duty (CVD) investigations had made a preliminary determination that Indian exporters of the product received subsidies ranging from 6.07 per cent to 155.03 per cent.
Add your Comment
Comments (0)
More Business News
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals