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China clamps anti-dumping measures on US sorghum amid tariff spat

Press Trust of India  |  Beijing 

Amid the Sino-US tariff trade spat, today said it will impose provisional anti-measures on the growing imports of sorghum from and threatened retaliatory measures for denial of privileges to its top tech firm

A preliminary ruling by the (MOC) of found that US companies had dumped grain sorghum on the Chinese market, and such imports had caused substantial damage to the domestic industry, the MOC said.

Starting tomorrow, importers of the product will be required to pay deposits with Chinese customs calculated based on a rate of 178.6 per cent, according to the ministry.

Data from the MOC showed US sorghum exports to surged from 3.17 lakhs tonnes in 2013 to 4.76 million tonnes in 2017, while prices have slumped 31 per cent during the period, which led to a fall in domestic prices that hurt local industries, the Ministry said.

China's move came amid the trade spat with the US following which has slapped 25 per cent tariffs on American soybean imports in retaliation for US camping tariffs on a range of Chinese products. Trump is pressuring to reduce USD 375 billion trade deficit to USD 100 billion.

had hit back with tariffs on wide variety of such as soybeans, corn, beef, orange juice and tobacco which were expected to hit American farmers. Soybean was regarded as the most important for US farmers as is their largest importer.

Wang Hejun, of the MOC's trade remedy and investigation bureau, said the decision to impose anti-measures on US sorghum is in accordance with Chinese laws and WTO rules, and is aimed at correcting unfair practices to maintain a heathy trade order.

"has always opposed abuses of trade remedy measures... is willing to expand cooperation with the US side to reduce disagreements in the trade field," Wang said.

The MOC decided to launch anti-and anti-subsidy probes into US sorghum in early February. The ruling for anti-subsidy probe will be released later as the two probes involve different procedures and entities, Wang said.

The MOC also threatened retaliatory measures hours after US announced activation of denial of privileges against Chinese Corp for alleged violations of the Administration Regulations

"The MOC will closely track the case and is ready to take necessary measures to protect the legitimate rights and interests of Chinese companies, " MOC was quoted as saying by state-run agency.

has extensive trade and investment cooperation with hundreds of US companies, creating tens of thousands of jobs in the US, the said.

"has consistently asked Chinese companies to comply with the laws and policies of host countries and manage their businesses in line with laws and regulations," said the

An official statement from today said the company is aware of activation of the denial order, and "is communicating with relevant parties proactively in order to respond accordingly.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 17 2018. 17:05 IST
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