Anti-dump­ing tax on US grains

China Daily (Canada) - - BUSINESS -

China has de­cided to raise anti-dump­ing du­ties im­posed on dis­tillers dried grains from theUnited States in a fi­nal rul­ing af­ter a year­long trade probe. DDGim­porters will have to pay a 42.2 to 53.7 per­cent anti-dump­ing tax and an 11.2 to 12 per­cent anti-sub­sidy tax over the next five years from Thurs­day, aMin­istry of Com­merce state­ment said on Wed­nes­day. The rates will in­crease from the pro­vi­sional 10 to 10.7 per­cent anti-sub­sidy tax and 33.8 per­cent an­tidump­ing tax that were ef­fec­tive from Septem­ber 2016.

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