A new trade war between China and the U.S.

By: trademagazin Date: 2010. 09. 28. 00:01

China announced that imposes import duty of the U.S. poultry products. According to the communist country, these products are marketed unfair, on dumped price.

In the next five years, the U.S. poultry import will be hit by increased import duty – said the Chinese Ministry of Commerce. According to the ministry; it is clear that the U.S. imports hurt the domestic poultry industry. The minimum rate of duty will be 50.3 percent, compared to the previous 43.1 percent. The maximum tax rate may reach 105.4 percent – reports Világgazdaság Online, after MarketWatch.


Related news