Shows & Panels
- Accelerate and Streamline for Better Customer Service
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Client Virtualization Solutions
- Data Protection in a Virtual World
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Feds in the Cloud
- Health IT: A Policy Change Agent
- Improving Healthcare Outcomes through IT Policy
- IT Innovation in the New Era of Government
- Making Dollars And Sense Out of Data Center Consolidation
- Navigating the Private Cloud
- One Step to the Cloud, Two Steps Toward Innovation
- Path to FDCCI Compliance
- Take Command of Your Mobility Initiative
Shows & Panels
China levies anti-dumping tax on US, EU chemicals
Friday - 1/25/2013, 10:57pm EST
BEIJING (AP) - China says it will impose anti-dumping duties on two chemicals from the United States and European Union for five years.
The Ministry of Commerce said it ruled that U.S. and EU companies have been selling the chemicals at unfairly low prices, hurting China's domestic industry.
The two chemicals, ethylene glycol monobutyl ether and diethylene glycol monobutyl ether, are widely used in applications such as metal cleansing, paint stripping, dry cleaning and printing.
The ministry said in a statement Friday that it will impose a 10.6 percent duty on those chemicals manufactured by American companies Equistar Chemicals LP and Eastman Chemical Co., and a 14.1 percent duty on those made by Dow Chemical Co. and all other U.S. companies.
It said it will levy duties of 9.3 percent to 18.8 percent on the products from EU companies.
Trade disputes are common between China and its major trading partners, which often accuse Beijing of illegally subsidizing Chinese companies.
Beijing has blamed the weak global economy and protectionism for the disputes. It also has become more assertive in appealing anti-dumping measures against it and in bringing similar charges against its trading partners.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)