China cranks up heat on United States sorghum, eases on autos

Randal Sanchez
April 17, 2018

China's Ministry of Commerce (MOC) announced Tuesday that it will impose provisional anti-dumping measures on grain sorghum imported from the United States.

The Trump administration has recently threatened up to $150 billion worth of import duties on Chinese products ranging from steel to robotics, while China has responded with its own list of US products that would be subject to higher tariffs - including soybeans, aircraft and automobiles.

It said the investigation had found Chinese imports of sorghum had increased 14-fold in the five years from 2013 even as the price for the commodity fell 31 percent.

China's move came amid the trade spat with the US following which Beijing has slapped 25 per cent tariffs on American soybean imports in retaliation for US President Donald Trump camping tariffs on a range of Chinese products. Trump complained Beijing was hampering trade by charging a 25 percent import duty on most cars while the US charges less than 3 percent.

For the last decade, about 20 percent of China's exports have been ferried to the United States, according to Moody's Investors Services, which forecasts a material macroeconomic impact if Trump makes good on his threats with the consequences vibrating beyond China's end exporters and deep into the economy.

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The egg cartons needs to be labeled together with packing dates ranging throughout 102 from 011, with the plant range P-1065. Those who have purchased the eggs are urged to not use the product and return them to the place of purchase for a refund.

The ministry will continue with the investigation until it makes a final ruling, the statement reads, protecting.

"China's full opening of the manufacturing industry is a clear indication of our opposition to trade and investment protectionism, and shows our clear support to widening and deepening the development of economic globalisation", the NDRC said in the announcement. "China is willing to expand cooperation with the USA side to reduce disagreements in the trade field", Wang said.

A preliminary ruling by the Commerce Ministry said U.S. sorghum was being sold at improperly low prices, hurting Chinese farmers. It was announced hours after Washington banned American firms from selling parts to Chinese telecoms giant ZTE for seven years.

"China has consistently asked Chinese companies to comply with the laws and policies of host countries and manage their businesses in line with laws and regulations", said the spokesperson.

This is published unedited from the PTI feed.

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