China Starts Review Of Anti-Dumping Measures On U.S. Distillers Grains

www.oann.com | 4/10/2008 | Staff
erinmmarion (Posted by) Level 3
BEIJING (Reuters) – China’s Ministry of Commerce confirmed it is starting a review on Monday of its anti-dumping tariffs on imports of distillers grains (DDGS) from the United States and said the investigation should be completed in a year.

The review comes amid trade talks between Beijing and Washington aimed at ending a months-long ****-for-tat tariff row that has roiled global markets. Beijing has pledged during these talks to increase its imports of U.S. farm goods.

Commerce - Ministry - Measures - DDGS - United

The commerce ministry “will review whether it is necessary to continue to impose anti-dumping and anti-subsidy measures on imported DDGS from the United States,” according to a statement posted it website.

Reuters reported last week that the ministry was set to review the tariffs on U.S. DDGS, citing a document issued by the China Alcoholic Drinks Association.

DDGS - Byproduct - Production - Part - Profits

DDGS are a byproduct of ethanol production and have become a key part of profits for makers of the biofuel. China’s tariffs on U.S. DDGS...
(Excerpt) Read more at: www.oann.com
Wake Up To Breaking News!
"It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!