China was to impose an anti-dumping duty as high as 105.4 percent on US broiler chicken products, effective today, the Chinese Ministry of Commerce said yesterday.
China found that the US industry dumped such products on the Chinese market, hurting domestic production, the ministry said.
The tax rate will be 50.3 percent to 53.4 percent for those US producers who cooperated with the investigation and 105.4 percent for those who did not, it said.
“The final ruling is that the there is a causal relationship between the US dumping of broiler products and the losses suffered by the Chinese industry,” the ministry said in Beijing.
China said in April an initial investigation showed the US provides subsidized soybeans and corn to its poultry industry, hurting Chinese producers. On Aug. 31, the government imposed five-year punitive anti-subsidy tariffs after upholding a finding that the US broiler chicken products were subsidized.
Imports by Pilgrim’s Pride Corp will incur a 53.4 percent anti-dumping duty and imports by Tyson Foods Inc 50.3 percent, according to the ministry.
The anti-dumping investigation has been completed, the ministry said in its statement.
Prices of broiler products in China were below cost of production for a long time, suppressing domestic producers’ profit margin, a direct result of large volume of cheap imports, it said.
China consumed almost 800,000 tonnes of US chicken products in 2008, valued at US$722 million, according to the USA Poultry & Egg Export Council.
MORE VISITORS: The Tourism Administration said that it is seeing positive prospects in its efforts to expand the tourism market in North America and Europe Taiwan has been ranked as the cheapest place in the world to travel to this year, based on a list recommended by NerdWallet. The San Francisco-based personal finance company said that Taiwan topped the list of 16 nations it chose for budget travelers because US tourists do not need visas and travelers can easily have a good meal for less than US$10. A bus ride in Taipei costs just under US$0.50, while subway rides start at US$0.60, the firm said, adding that public transportation in Taiwan is easy to navigate. The firm also called Taiwan a “food lover’s paradise,” citing inexpensive breakfast stalls
TRADE: A mandatory declaration of origin for manufactured goods bound for the US is to take effect on May 7 to block China from exploiting Taiwan’s trade channels All products manufactured in Taiwan and exported to the US must include a signed declaration of origin starting on May 7, the Bureau of Foreign Trade announced yesterday. US President Donald Trump on April 2 imposed a 32 percent tariff on imports from Taiwan, but one week later announced a 90-day pause on its implementation. However, a universal 10 percent tariff was immediately applied to most imports from around the world. On April 12, the Trump administration further exempted computers, smartphones and semiconductors from the new tariffs. In response, President William Lai’s (賴清德) administration has introduced a series of countermeasures to support affected
CROSS-STRAIT: The vast majority of Taiwanese support maintaining the ‘status quo,’ while concern is rising about Beijing’s influence operations More than eight out of 10 Taiwanese reject Beijing’s “one country, two systems” framework for cross-strait relations, according to a survey released by the Mainland Affairs Council (MAC) on Thursday. The MAC’s latest quarterly survey found that 84.4 percent of respondents opposed Beijing’s “one country, two systems” formula for handling cross-strait relations — a figure consistent with past polling. Over the past three years, opposition to the framework has remained high, ranging from a low of 83.6 percent in April 2023 to a peak of 89.6 percent in April last year. In the most recent poll, 82.5 percent also rejected China’s
PLUGGING HOLES: The amendments would bring the legislation in line with systems found in other countries such as Japan and the US, Legislator Chen Kuan-ting said Democratic Progressive Party (DPP) Legislator Chen Kuan-ting (陳冠廷) has proposed amending national security legislation amid a spate of espionage cases. Potential gaps in security vetting procedures for personnel with access to sensitive information prompted him to propose the amendments, which would introduce changes to Article 14 of the Classified National Security Information Protection Act (國家機密保護法), Chen said yesterday. The proposal, which aims to enhance interagency vetting procedures and reduce the risk of classified information leaks, would establish a comprehensive security clearance system in Taiwan, he said. The amendment would require character and loyalty checks for civil servants and intelligence personnel prior to
RSS