China's Ministry of Commerce is set to review its anti-dumping tariffs on i...
BEIJING - China’s Ministry of Commerce is set to review its anti-dumping tariffs on imports from the United States of distillers grains , an animal feed ingredient, according to a document issued by the China Alcoholic Drinks Association.
The document - dated April 8 and issued to member companies and reviewed by Reuters - said the U.S. Grains Council had asked the commerce ministry to terminate their anti-dumping and anti-subsidy tariffs on American DDGS. DDGS are a byproduct of ethanol production and have become a key contributor to profits for makers of the biofuel. After the tariffs were implemented in 2016, imports by China fell sharply.
The U.S. industry request comes amid trade talks between Beijing and Washington as both sides try to secure a pact to end a tit-for-tat tariff battle that has roiled global markets.China set anti-dumping duties of between 42.2 percent and 53.7 percent on U.S. DDGS in January 2017, up from 33.8 percent in preliminary duties implemented in September 2016.
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