China imposes anti-dumping measures on US
China’s Ministry of Commerce has imposed anti-dumping duties on distiller’s dried grains (DDGs), a type of animal feed, from the US by requiring importers to pay a cash deposit on purchase.
The domestic industry has been “substantially” harmed by the dumping of DDGs, the ministry said in its preliminary ruling following an investigation. The ministry didn’t say when a final decision is expected.
As of Sept 23, importers of the product must place deposits with Chinese customs at 33.8 percent of the import value.
China is the world’s biggest buyer of DDGs, the nutrient-rich byproduct of dry-milled ethanol production, with most imports coming from the US.
The move comes a week after the US filed a complaint with the World Trade Organization over Chinese subsidies for domestic grain production, which it said denies American farmers the ability to compete on a level playing field. China responded by saying it complied with WTO rules.