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China Imposes Anti-dumping Measure amid Trade Tensions

Feb 14 , 2018
  • AP

    The Associated Press

China is requiring importers of a U.S. industrial chemical to post deposits in preparation for possible anti-dumping duties amid rising trade tension with Washington.

The Ministry of Commerce said Tuesday in a preliminary ruling that styrene monomer from the United States, South Korea and Taiwan is being sold at prices 5 to 10.7 percent below the proper level.
Importers must now pay cash deposits while the ministry completes its investigation.
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