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As trade spat grows, China hits U.S. sorghum imports with hefty deposit


By Dominique Patton and Tom PolansekBEIJING/CHICAGO (Reuters) - China will slap hefty anti-dumping deposits on imports of U.S. sorghum from Wednesday, the government said on Tuesday, a higher-than-expected charge on the grain used in livestock feed and the spirits industry, as trade tensions escalate between the world's top two economies. CHS Inc and other U.S. companies will have to put a 178.6 percent deposit on the value of sorghum shipments to the country in what Beijing called a temporary measure, as the government continues to probe imports of the grain. Traders said the deposit was ...

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First Published: Tue, April 17 2018. 23:27 IST