Beijing | Reuters — China dropped its anti-dumping probe into imports of U.S. sorghum on Friday, beating a hasty retreat from a dispute that wreaked chaos across the global grain market and raised concerns about rising costs and financial damage at home. The move was seen as a goodwill concession as Chinese Vice-Premier Liu He […] Read more
Tag Archives anti-dumping — page 2
China retreats from U.S. sorghum probe amid global market havoc
U.S.-China trade fears halt soybean imports
Singapore/Beijing | Reuters — China’s purchases of U.S. soybeans have come to a grinding halt, trade and industry sources say, as fears of further action by Beijing to curb imports of U.S. crops following last week’s anti-dumping move on sorghum rattles the agriculture industry. Buyers from China, which takes 60 per cent of soybeans traded […] Read more
Canada taking U.S. to WTO in complaint over trade remedies
Geneva | Reuters — Canada has launched a wide-ranging trade dispute against the United States, challenging Washington’s use of anti-dumping and anti-subsidy duties, Canada said in a WTO filing dated Dec. 20 and published on Wednesday. Canada appeared to be mounting a case on behalf of the rest of the world, since it cited almost […] Read more
Mexico considers pork in response to NAFTA produce proposal
Mexico City | Reuters — Mexican negotiators are working on a response to informal U.S. proposals to include protections for fresh produce in the re-negotiation of the North American Free Trade Agreement (NAFTA), two people briefed on the proposals said. U.S., Canadian and Mexican delegations finished a second round of talks last week to renegotiate […] Read more
Trump’s trade nominee pledges tough enforcement
Washington | Reuters — U.S. President Donald Trump’s choice for the top trade negotiator on Tuesday pledged an “America First” strategy to aggressively enforce U.S. laws and trade deals to stop unfair imports and push China to scrap excess factory capacity. Robert Lighthizer, the U.S. Trade Representative nominee, told senators at his confirmation hearing that […] Read more
China slaps more duties on U.S. DDGS
Beijing | Reuters –– China will impose anti-subsidy duties of between 10 and 10.7 per cent on imports of U.S. animal feed ingredient known as distillers’ dried grains (DDGS), the Commerce Ministry said in a preliminary ruling on Wednesday. The move was widely expected after the government announced a similar move on anti-dumping duties last […] Read more
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