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China slaps U.S. sorghum imports with temporary deposit in antidumping probe

Reuters  |  BEIJING 

BEIJING (Reuters) - China said on Tuesday it will slap a hefty temporary deposit on imports of U.S. sorghum after finding the U.S. grain has damaged the domestic industry in a preliminary antidumping ruling, stirring trade tensions between the world's top two economies. CHS Inc and other U.S. companies will be required to put down a 178.6 percent deposit for sorghum shipments to the country in what Beijing called a "temporary antidumping measure" as the government continues a probe of imports of the grain. The deposit, which trade experts said will act as a duty, is effective from Wednesday, ...

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First Published: Tue, April 17 2018. 13:21 IST