US-India Trade Talks Highlight Chemical Sector Including Halogenated Derivatives
Recent bilateral trade discussions between the US and India emphasized the chemical industry, with specific attention to halogenated derivatives of acyclic hydrocarbons (HS Code: 2903.39). Both nations aim to reduce trade barriers for these compounds, which are critical in industrial applications.
2023-10-15
Impact: Potential reduction in tariffs could boost exports of halogenated derivatives from India to the US, benefiting Indian chemical manufacturers.
India Imposes Temporary Anti-Dumping Duty on US Halogenated Hydrocarbons
India has introduced a provisional anti-dumping duty on certain halogenated derivatives of acyclic hydrocarbons imported from the US, following complaints from domestic producers about unfair pricing.
2023-09-20
Impact: This duty may increase costs for US exporters and reduce their competitiveness in the Indian market, potentially slowing trade volume.
US-India Chemical Trade Sees Growth in Halogenated Compounds
Trade data for the first half of 2023 shows a 12% increase in the export of halogenated derivatives of acyclic hydrocarbons from the US to India, driven by demand in the pharmaceutical and agrochemical sectors.
2023-08-05
Impact: Increased demand in India is likely to strengthen trade ties and encourage further investment in the sector between the two countries.
