Wednesday, August 15, 2018

Trade War between US, China & Indian laminate Industry

The ongoing ( Intensifying ) trade war between the United States and China, the United States administration has proposed 10 percent import duty on Chinese products including vinyl flooring,
laminates and furniture. Imposing such duty would benefit Indian exporters like  Greenlam Industries and Responsive Industries. In the latest spell of trade war, the United States administration announced that the US is weighing imposing tariffs on a further $200 billion on import of Chinese products.
The proposal is set to cover vinyl flooring, laminates and furniture.

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