INDIA plans to continue its antidumping duties against Chinese-made injection molding machines for five more years, with the government saying that without the extra tariffs against Chinese equipment, conditions will "deteriorate" for its domestic machinery industry. Opponents of the tariffs argued that continuing the steep penalties on Chinese imports — up to 174 percent in some cases — could actually hurt the global competitiveness of India's plastics molding companies by raising their prices for equipment.
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