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#BREAKING🚨

#China #Bejing #Import #taax

China will initiate anti-dumping measures, the Ministry of Commerce said Friday, against imported ethylene propylene diene monomer (EPDM) goods from the #UnitedStates (USA), the Republic of #Korea (ROK) and the #EuropeanUnion (EU).
Starting Sunday, duties will be collected for a five-year period at rates ranging from 12.5 percent to 222 percent, the ministry added. The EPDM is commonly used to make auto components, wires, cables and other industrial goods as feedstock.
Chinas justification: " China's domestic industry has suffered substantial damage due to the dumping of such products by the United States, the ROK and the EU, the ministry said in a final ruling based on an anti-dumping investigation launched in June last year."
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