The United States has imposed the preliminary anti-dumping duty of _____% on India-made metal pipes?
Answer with explanationAnswer: Option D
The United States has imposed preliminary anti-dumping duty of 50.55 % on India-made metal pipes. This move has been made to protect the American industry and reduce the trade deficit. In January 2018, 6 US pipe manufacturers had filed antidumping complaint with the US Department of Commerce. On 21st August 2018, after preliminary analysis, the US Department of Commerce stated that, China, Greece, Canada, South Korea, Turkey and India were selling the large diameter-welded pipe used to transport oil, gas and other fluids very much below the fair price. This dumping is harmful to the US industry.