China Targets US Pecan Imports With 54 Percent Anti-Dumping Tariff
Mexican suppliers will also have to pay ‘security deposits’ to Chinese customs.
China is implementing provisional measures on U.S. pecan imports starting August 11th, requiring a 54.3 percent security deposit from importers. This action intensifies trade tensions between the two largest economies ahead of Chinese leader Xi Jinping’s visit to the White House. Mexican pecan importers will also face security deposits, though at slightly lower, variable rates.
- China will impose provisional measures on U.S. pecan imports starting August 11.
- Importers of U.S. pecans must provide a 54.3 percent security deposit to Chinese customs.
- This adds to trade tensions between China and the U.S. weeks before Xi Jinping’s visit.
- Mexican pecan importers will also be required to pay security deposits, with rates ranging from 17.8% to 51.6%.
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