Tuesday, April, 17, 2018
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China rules US sorghum was dumped, as trade tensions mount

By Associated Press  |   Published: 17th April 2018 03:50 PM  |  

Last Updated: 17th April 2018 03:50 PM  |   A+A A-   |  

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Illustration | The New Indian Express

Tensions with Washington have worsened after President Donald Trump threatened to hike tariffs on Chinese goods in a dispute over technology policy.

BEIJING: China has ordered importers of US sorghum to pay deposits for possible higher tariffs in an anti-dumping investigation, adding to mounting trade conflicts with Washington.

The Commerce Ministry said today in a preliminary ruling that US sorghum was being sold at improperly low prices. It said importers must post bonds of 178.6 per cent of their goods to cover possible anti-dumping duties while the probe is completed.

Tensions with Washington have worsened after President Donald Trump threatened to hike tariffs on Chinese goods in a dispute over technology policy.

Beijing has released its own list of US goods for possible retaliation.

 

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