China to impose anti-dumping measures on rubber from U.S., S. Korea, EU
- 3 years ago
중국, 한국•미국•유럽산 화학고무 덤핑 판정
China will impose temporary anti-dumping measures on certain materials imported from the U.S., South Korea and the European Union.
China's Ministry of Commerce says that the dumping of 'EPDM', a type of synthetic rubber used for auto parts, has dealt a blow to domestic firms.
Dumping is when a company exports a product at a lower price compared to its domestic market.
From next Wednesday, Beijing will impose import tariffs as high as two-hundred-twenty-two percent.
China will impose temporary anti-dumping measures on certain materials imported from the U.S., South Korea and the European Union.
China's Ministry of Commerce says that the dumping of 'EPDM', a type of synthetic rubber used for auto parts, has dealt a blow to domestic firms.
Dumping is when a company exports a product at a lower price compared to its domestic market.
From next Wednesday, Beijing will impose import tariffs as high as two-hundred-twenty-two percent.