China raised antidumping duties on U.S. chicken products, saying that the goods are being dumped in the Chinese market.

China raised the minimum chicken duty to 50.3% from 43.1% on U.S. chicken products, MarketWatch reported. The maximum antidumping tariff remains 105.4%.

A report into the products showed that U.S. chicken was being sold at below fair value.

"Dumping duties exist in the imported chicken products from the U.S. and has caused substantial harm to China's domestic industry," China's Commerce Ministry said.

Importers that responded to the ministry's investigation must pay the new duty of 50.3% to 50.4% on U.S broiler or chicken products. Companies that didn't respond are subject to the maximum duty of 105.4%.

China, the world's second-largest economy, originally imposed the duty in February.

The decision to raise the duties came a few days after the U.S. announced a decision to impose antidumping and countervailing duties on coated paper from China.


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themanindbox

So China is upset we are selling things there for less then they can produce them... Hmm sounds familiar...

September 27 2010 at 10:46 AM Report abuse +1 rate up rate down Reply
Peter

They you go GOP posters free enterprise when the jobs go to China, leaving us with the burden of unemployment that all of us pay, and YOU can't even shell chickens with Transport to China without being called for dumping. Dumping means selling cheaper in China than the US. As I lectured the GOP business savvy: Chinese don't pay retail

September 27 2010 at 10:03 AM Report abuse rate up rate down Reply
cabo79

More trade wars, great. If China whats to stop our politicians from selling import restrictions to the highest bidder. They need to put a duty on corn. The corn lobby in this country carries a lot of weight, the chicken farmers none.

September 27 2010 at 8:55 AM Report abuse rate up rate down Reply