Saudi Arabia approves new financial settlement rules for corruption cases    IMCTC launches second phase of Sahel Countries Program in Niger    Riyadh Season 2024 attracts over 18 million visitors    Disaster happened in 'world's most controlled airspace'    American and father of youngest hostages among those due for release from Gaza Saturday    Palestinian born after father was jailed hugs him for the first time    FireAid: Stars take to stage for LA benefit concert    Singer and actress Marianne Faithfull dies at 78    Saudi, Russian foreign ministers discuss regional issues in phone call    MWL chief meets Italian president in Rome; thanking him for supporting two-state solution    Ettifaq sack Steven Gerrard after poor results, appoint Saad Al-Shehri as new head coach    National Cybersecurity Authority launches 2nd phase of Postgraduate Scholarship Program    GASTAT: Real GDP records growth of 4.4% in Q4 2024    Saudi Arabia launches inaugural Art Week Riyadh on April 6-13    HP is redefining the Future of Work with AI    Mona Lisa to be moved as part of major Louvre overhaul    Neymar bids heartfelt goodbye to Al-Hilal: I will always support you    Al-Nassr announces transfer of Brazilian forward Talisca to Fenerbahçe    SFDA chief rules out plan to ban sale of cigarettes or vapes    Al Hilal and Neymar mutually agree to part ways    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



China sets tax on US chicken
Published in The Saudi Gazette on 27 - 09 - 2010

China has concluded that US chicken products are being sold at unfairly low prices in China, and will impose antidumping duties of as much as 105.4 percent for the next five years, the government said Sunday.
The Commerce Ministry's announcement comes amid a string of trade spats with Washington.
The ministry said the government completed its investigation Sunday. The new duties, which take effect Monday, will replace earlier antidumping measures imposed in February after preliminary results of the probe showed that US chicken was being sold at below fair value, it said.
“Dumping does exist in the imported chicken products from the United States and has caused substantial harm to China's domestic industry,” the ministry said in a notice on its website.
Importers that responded to the investigation must now pay tariff rates of between 50.3 percent and 53.4 percent on US broiler or chicken products, the ministry announced.
Companies that did not respond were levied a 105.4 percent duty.
The tariffs apply to chicken parts and whole birds, but not to live chickens or cooked products such as chicken sausage. Included are chicken feet, which most Americans throw away but are a delicacy in southern China.
In the first half of last year, as imports from the US rose 6.54 percent from the previous year, the domestic industry suffered losses amounting to 1.09 billion yuan ($162 million), almost equivalent to its losses for all of 2008, the ministry said. Beijing and Washington also are embroiled in disputes over access to each other's markets for steel pipes, movies and books and other goods.
The trade disputes have proliferated as the two governments try to boost exports amid weak demand. They have accused each other of protectionism that they say could slow a global recovery.


Clic here to read the story from its source.