Livesquawk reports the latest headlines from China’s Commerce Ministry, citing that China will levy anti-dumping duties on some rubber products from US, EU and Singapore from August 20th.
Imports from these regions cause substantial damage to domestic rubber industries.
Duty rates set at 75.5% for US companies, 27.4% to 71.9% for EU companies and 23.1% to 45.2% for Singapore companies.
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