US reciprocal tariffs: Exporters flag concerns of dumping from China

Till now, American buyers were already keeping their orders on hold owing to the lack of clarity on reciprocal tariffs

Washington’s decision to impose a 27 per cent reciprocal tariff on India not only threatens short-term demand but also intensifies fears of dumping from China, exporters said.

 

Until now, American buyers had already been holding off on orders due to a lack of clarity on reciprocal tariffs. Now that the levy has been announced, Indian suppliers will reach out to them to discuss the way forward, they said.

 

US President Donald Trump on Wednesday signed an executive order on reciprocal tariffs, imposing additional ad valorem duties ranging from 10-50 per cent on imports from a large number of trading partners.