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Trade war: Tariffs on US may help India treble cotton exports to China

India is looking to sell 2.5 million to 3 million bales, each of 170 kg, to China in the next season beginning in October

Reuters  |  Mumbai 

India, the world's second-biggest cotton exporter, is hoping to treble shipments of the fibre to China next year as Beijing seeks to replenish stockpiles and imposes a 25 per cent import tax on cargoes from the United States. Despite India's efforts to grab a bigger piece of the Chinese market, cotton from the United States, the world's biggest exporter, has held sway for the past few years. But China's announcement on Wednesday that it will impose tariffs on 106 US commodities, including cotton, could now tilt the balance in India's favour. "China's ...

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First Published: Thu, April 05 2018. 18:12 IST