China duties to hit US chicken imports

China’s
government says it will impose import duties on US chicken products it says are
being unfairly dumped on the Chinese market.

From
Monday, duties of up to 105.4% will be imposed on US chicken imports for the
next five years, the China’s ministry of commerce said in statement.

It said
an investigation had concluded that US imports were hurting the domestic
chicken industry.

The move
is the latest in a growing trade dispute between China and the US.

On
Friday a US Congress committee approved a bill allowing tariffs to be imposed
on imports from currency manipulating countries.

The bill
is aimed at China, which is accused of keeping the yuan artificially low to
help its exporters.

In its
statement the ministry of commerce defended its decision to impose the latest
tariffs, saying there was a “causal relationship” between the
“US dumping of broiler products and the losses suffered by domestic
business”.

The
tariffs are likely to have a significant impact on US chicken exporters, who
rely on sales of chicken feet and wings to China.

Some US
companies will pay lower tariffs because they co-operated with China’s
investigation into the industry, the commerce department said.

These
include Tyson Foods, Keystone Foods and Pilgrim’s Pride Corporation.

But
these tariffs will still be higher than the preliminary tariff of 43.1%
announced by the Chinese government in February.

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