China is to lower anti-dumping duties on US chicken products following last year’s ruling against Beijing by the World Trade Organization in a four-year-old dispute.
China will levy anti-dumping taxes ranging from 46.6% to 73.8% on imports from US suppliers, including from major suppliers Tyson Foods Inc and Pilgrim’s Pride, a report from the Commerce Ministry states.
It would also levy anti-subsidy taxes ranging from 4% to 4.2% on US chicken producers. The anti-dumping and anti-subsidy duties were previously set as high as 105.4% and 30.3%, respectively.
The ministry said a re-investigation found evidence that US chicken exporters dump products in the domestic market and cause substantial harm to local industry.
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 tradelevel differences.
But it also upheld the US 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.
US exports of chicken to China have fallen 90% over the past four years, costing sellers an estimated $1 billion after the Asian nation imposed the high anti-dumping duties in 2010.
"*" indicates required fields
Notifications
Your Privacy Matters
It's your legal right to choose which information a website may store and have access to. With your permission, we and our third-party partners (18) store and/or access information on a device, such as unique identifiers in cookies and browsing data to collect and process personal data.
We and our partners do the following data processing:
Store and/or access information on a device, Advertising based on limited data and advertising measurement, Personalised content, content measurement, audience research, and services development
If you accept any or all of these, you will have agreed to this website's use of cookies for these purposes. You may also choose to refuse consent, but certain personalized features of the site won't be available to you.