India To Become Dumping Ground For Chinese Goods?

2024 • 5min • News • Business


Published On: May 15, 2024 - On May 14, the United States implemented significant increases in tariffs on a range of imports from China, including electric vehicle batteries, computer chips, and medical items, further escalating the trade conflict between the two nations. A Global Trade Research Initiative (GTRI) report stated that India might experience increased inflow of Chinese products like Electric Vehicles (EVs) and batteries, as the US aims to reduce its dependence on Beijing by imposing higher tariffs on these goods.