The Ministry of Commerce (MOFCOM) began imposing anti-dumping duties on resorcinol imports from the United States and Japan on March 23.

The duties will last for five years, according to the MOFCOM. Tariff rates on resorcinol imported from Japan and the United States are 40.5 percent and 30.1 percent, respectively.

The final ruling came after the MOFCOM found that the domestic industry had been substantially harmed by the two countries dumping resorcinol. The MOFCOM has been investigating the issue since March 2012.

Resorcinol is an essential component used to manufacture tires and other fiber-reinforced rubber goods.