India Imposes Definitive Anti-Dumping Duty on Rubber Imports from China, Russia, Saudi, Singapore, and US to Protect Domestic Industry.

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....This notification seeks to impose a definitive anti-dumping duty on imports of "Isobutylene-Isoprene Rubber ('IIR')" originating from or exported from China, Russia, Saudi Arabia, Singapore, and the United States of America into India for five years. The duty rates vary based on the country of origin, country of export, and producer, ranging from $325 to $1,152 per metric ton. The duty aims to remove injury caused to the domestic industry due to dumped imports. The notification outlines the specific duty rates applicable to different scenarios involving the countries and producers mentioned. It also clarifies the currency conversion mechanism and the relevant date for determining the exchange rate.....