China slaps anti-dumping duty on chemical from US, Japan
15 Oct 2018 12:53 PM IST15 Oct 2018 12:53 PM IST
The tariffs will take effect from October 16, with levies set at 123.4 per cent on US suppliers and 41.1 per cent on Japanese.
The government may impose anti-dumping duty of up to USD 528 per tonne for 5 years on a Chinese polyester yarn, used in automobile and other industries, to provide a level playing field to domestic players and guard them against below-cost imports.
Beijing: China will impose anti-dumping tariffs on imports of hydroiodic acid from the United States and Japan, the Ministry of Commerce said on Monday.
The tariffs will take effect from October 16, with levies set at 123.4 per cent on US suppliers and 41.1 percent on Japanese, and will last for five years, the ministry said.
( Source : reuters )
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