China’s Commerce Ministry stated Thursday it has prolonged punitive tariffs on Indian optical fiber merchandise for 5 years.
The announcement follows a yearlong overview after a earlier tariff expired in 2019. It takes impact Aug. 14.
It’s unclear if the transfer is in any means associated to a current bout of antagonisms between the Asian giants linked to a border conflict through which 20 Indian troopers died.
The tariffs on single-mode optical fiber vary from 7.4% to 30.6% and had been first imposed in August 2014.
Optical fiber is utilized in telecommunications networks.
Earlier this month, India stored in place tariffs on Chinese language-made solar energy merchandise that had been imposed to guard its personal producers.