China adjusts duties on US chicken imports

GMT 09:33 2014 Tuesday ,08 July

Arab Today, arab today China adjusts duties on US chicken imports

US chicken imports
Beijing - XINHUA

China's Ministry of Commerce announced on Tuesday that a re-investigation of U.S. white-feathered broiler products found evidence of dumping and subsidization that caused substantial harm to the local industry.
In a statement on its website, the ministry said it will adjust the anti-dumping and anti-subsidy duties on the imports starting on Wednesday. They will range from 46.6 percent to 73.8 percent, and 4 percent to 4.2 percent, respectively.
Previously, the anti-dumping and anti-subsidy duties were set at up to 105.4 percent and 30.3 percent, respectively.
The decision was a result of a re-investigation launched last December in response to a World Trade Organization (WTO) report that claimed China had violated certain rules on the issue.
In September last year, the WTO Dispute Settlement Body adopted a panel report supporting China's arguments regarding determination of domestic industry and trade level differences.
But it also upheld the U.S. claims that China acted inconsistently with articles of the Anti-Dumping Agreement in conducting the investigations as well as in the calculation of the anti-dumping and countervailing duties.

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