China MOFCOM to take temporary anti-dumping measures on US sorghum

Dhwani Mehta FXStreet

Reuters is out with the latest comments from the Chinese Commerce Ministry (MOFCOM), announcing that China is planning to impose temporary anti-dumping measures on the imports of sorghum from the US.

Main Headlines:

Importers of US sorghum must make a deposit of 178.6% effective 18 April.

To continue the investigation and make a final ruling later.

The anti-dumping investigation on US sorghum is in line with WTO rules.

This is aimed to correct unfair trade practices.

China is willing to expand cooperation with the US on trade disputes.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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