China slaps anti-dumping tariffs on chemicals from Taiwan, others

Focus Taiwan
Date: 2018/09/03
By: Chiu Kuo-chiang and Frances Huang 

Taipei, Sept. 3 (CNA) China has imposed provisional anti-dumping tariffs on butyl alcohol imported from Taiwan, Malaysia and the United States after it found exporters from the three sold their products at unfairly low prices in the Chinese market, the Ministry of Economic Affairs (MOEA) said Monday.

In a statement, the MOEA said China’s Ministry of Commerce (MOC) issued a preliminary ruling about the investigation into alleged unfair practices, finding that imports of butyl alcohol from the three has caused material damage to Chinese makers of butyl alcohol.

Citing the ruling, the MOEA said Taiwan’s Formosa Plastics Corp., which was the mandatory respondent in the case, faces a provisional anti-dumping tariff of 6 percent, while other Taiwanese butyl alcohol exporters face a duty of 56.1 percent.

According to the ruling, U.S. butyl alcohol firms have been slapped with provisional anti-dumping duties ranging from 52.3 percent to 139.8 percent, while the financial burden faced by exporters from Malaysia is 12.7-26.7 percent.    [FULL  STORY]

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