China to keep tariffs on US DDGS imports during investigation

Published 2022년 1월 11일

Tridge summary

The Chinese Ministry of Commerce (MOFCOM) has decided to keep the anti-dumping and anti-subsidy tariffs on US distillers grains (DDGS) imports, despite the Phase One trade deal with the US. The review process of these measures, which were initially imposed in 2016, is expected to be completed before January 12, 2023. The US Grains Council had previously criticized these tariffs, citing non-compliance with standard procedures and international obligations. Since the imposition of these tariffs, China's imports of US DDGS have significantly dropped, leading to the US focusing on alternative markets. In 2020/2021, US DDGS exports surged to over 11 million metric tons, with Mexico and Vietnam being the top buyers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Chinese Ministry of Commerce (MOFCOM) said it will maintain anti-dumping and anti-subsidy tariffs on imports of distillers grains (DDGS) from the US, a key feed ingredient, during a review. Despite the Phase One trade deal with the US, China has maintained punitive sanctions on that country’s DDGS exports. The Chinese officials are to begin a review of the anti-dumping and anti-subsidy measures, which were originally imposed in 2016 following a petition brought by the China Alcoholic Drinks Association. The review process should be finalized before January 12, 2023, reported Reuters, citing statements from the ministry. Any interested party can submit suggestions and evidence to the investigation within 20 days, added MOFCOM. China's tariffs on US DDGS were first implemented at a rate of 33.8%, and its imports of the feed ingredient fell sharply. At that time, the US Grains Council (USGC) said that the US was not dumping the feed ingredient. The anti-dumping and ...

Source: UKfeednavigator