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ECONOMY
Weekly Watch> WEEKLY WATCH NO. 18, 2010> ECONOMY
UPDATED: May 4, 2010 NO. 18 MAY 6, 2010
Trade Friction
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China's Ministry of Commerce on April 28 ruled broiler chicken products imported from the United States were subsidized, and would be levied from 3.8 percent to 31.4 percent in anti-subsidy duties.

U.S. companies exporting broiler chicken products which had responded to the Chinese investigation would face duties of 3.8-11.2 percent, while those that had not would be subject to a 31.4-percent tariff, said the ministry in an online statement.

The investigation results showed U.S. broiler chicken exporters had received government subsidies, which had caused substantial losses to Chinese companies, the statement said.



 
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