Home / Knowledge / News / Textiles / Anti-dumping tax on Chinese goods adjusted
Anti-dumping tax on Chinese goods adjusted
23
Jul '08
In June this year, Government signed an agreement with China that will cut-down anti-dumping taxes on Made-in-China clothes, textiles, shoes, toys as well chemical products.

Currently, Mexico imposes anti-dumping taxes on 953 kinds of Chinese products, and according to the new agreement, that on 749 varieties will be cancelled soon. The tax on rest of the 204 will be decreased temporarily, before ending it by 2011.

Government says that this decision was taken to protect the relevant and pillar industries of Mexico, particularly manufacturing sectors.

This will bring major business opportunities to China and Hong Kong industries and experts urge the traders to take complete advantage of the scenario.

Besides, under the agreement, the anti-dumping duties on the Made-in-China shoes will, be brought down to 70 percent. This is much lower than the present charges that range between 232-1105 percent.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Courtesy: Green Initiatives

Apparel/Garments | On 20th Feb 2017

Green Initiatives launches Re:Form to end textile waste

Green Initiatives, a non-government institution, has launched...

Interviews View All

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search