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        <h1>Trade Defense Mechanism Launched to Counter Import Surges and Protect Domestic Industries from Foreign Market Pressures</h1> The government is establishing an inter-ministerial group to monitor potential import surges from countries like China, Vietnam, and Thailand following US tariff impositions. The group will track potential increases in consumer goods, electronics, chemicals, and steel imports from June to July. Simultaneously, the government is developing export promotion strategies, including supporting exporters through credit facilities, exploring new markets across 20 identified countries, and creating schemes to assist small businesses in navigating international trade challenges.

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