A WTO panel recently ruled that India had violated global trade rules after the European Union challenged the levy of 7.5% and 15% import duty imposed since 2017 on a wide range of IT products, including mobile phones (where the duty was further raised to 20%) and components to curb imports in a bid to increase domestic production.
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Thursday, April 20, 2023
WTO's recent ruling against India to impact top Chinese handset makers' local manufacturing
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