MOFCOM Lowers AD/CV Duties on US Chicken Imports in Wake of WTO Ruling
The Chinese Ministry of Commerce (MOFCOM) lowered the antidumping and countervailing duty rates on U.S.-imported chicken products, effective July 9, the agency said in a statement. MOFCOM adjusted the duty margins and subsidy rates to comply with the results of…
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a recent World Trade Organization (WTO) ruling. The WTO in September said Chinese duties on U.S. chicken “broiler” products were in violation of WTO agreements (see 13092616). MOFCOM reiterated, however, its position that U.S. dumping caused harm to Chinese industry, following another investigation. The Chinese antidumping duties will now range from 46.6 percent to 73.8 percent on imports from U.S. suppliers, a significant dip from the previous 50.4-105.4 percent levy, said Reuters in its coverage of the MOFCOM announcement (here).