Home
About Us
China to impose tariffs on chemical imports: govt
29/12/2009 12:00
BEIJING — China said Thursday it would slap anti-dumping penalties on a chemical imported from Saudi Arabia and Taiwan after an investigation found the product had been priced too low.
The commerce ministry said it will impose tariffs of up to 13.6 percent on imports of 1,4-Butanediol, a chemical used to make some plastics, elastic fibre and polyurethanes, from Friday.
"The imported products were dumped (in China) and caused material damage to the 1,4-Butanediol industry in mainland China," the ministry said in a statement posted on its website.
Dumping occurs when a foreign company sells a product in another market at less than cost price.
(AFP) – December 24, 2009
Source: www.afp.com
Các tin khác
- Following the imposition of the highest tariff of 37.13%, the Ministry of Industry and Trade is reviewing galvanized steel from China (19/06/2026)
- Official tariffs have been imposed on colorless float glass imported from Indonesia and Malaysia (19/06/2026)
- India seeks to continue anti-dumping duties on Bangladesh’s jute products (19/06/2026)
- Turkey Initiates Anti-Dumping Investigation into Polyester Cord Fabric from Viet Nam (19/06/2026)
- Chinese dumping in Brazil affected the entire garlic supply chain (19/06/2026)
