Wednesday, September 1, 2010

China imposes anti-subsidy levy on US chicken

China imposed an anti-subsidy ranging from 4% to 30.3% on chicken meat products imported from USA, as of August 30, 2010, according to the recent announcement made by Ministry of Commerce of China. It exceeds the previous levy range of 3.8% to 31.4% set preliminarily last April.
According to Ministry of Commerce of China, Tyson and Pilgrim’s, two US poultry processing giants, must pay duties of 5.1% and 12.5%, respectively, on their chicken products imported into China. Dozens of other US poultry companies will have to deal with levies that can vary up to 30.3%, added the Chinese organ. The new measure against the US poultry products, along with the recently imposed anti-dumping levy, will be valid for the next five years.

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