U.S.Starts anti-dumping probe into PTFE resin from India |ForumIAS

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Context:

The U.S. has initiated anti-dumping duty investigations against import of polytetrafluoroethylene (PTFE) resin from India and China.

Why the step has been taken?

Anti-dumping measures are taken to ensure fair trade and provide a level-playing field to the domestic industry.
They are not a measure to restrict imports or cause an unjustified increase in cost of products.

What is polytetrafluoroethylene (PTFE)?

Polytetrafluoroethylene (PTFE) is a synthetic fluoropolymer of tetrafluoroethylene that has numerous applications.

Usage:

PTFE is used as a non-stick coating for pans and other cookware.
It is non-reactive, partly because of the strength of carbon-fluorine bonds, and so it is often used in containers and pipework for reactive and corrosive chemicals.

Import and export between India and the U.S:

Exports

India was the United States’ 18th largest goods export market in 2016.
The top export categories (2-digit HS) in 2016 were: precious metal and stone (diamonds), machinery, optical and medical instruments, mineral fuels, and electrical machinery.
Leading agricultural domestic export categories include: tree nuts, cotton, pulses, fresh fruit, and planting seeds.
Leading services exports from the U.S. to India, in 2015, were in the travel, transport, and intellectual property (computer software, audio and visual related products) sectors.

Imports

India was the United States’ 9th largest supplier of goods imports in 2016.
The top import categories (2-digit HS) in 2016 were: precious metal and stone (diamonds), pharmaceuticals, mineral fuels, miscellaneous textile articles, and machinery.
Leading agricultural categories of imports include: spices, rice, tree nuts, essential oils, and processed fruit & vegetables.
Leading services imports from India to the U.S., in 2015, were in the telecommunications, computer, and information services, travel, and research and development sectors.