China to impose anti-dumping duties on rubber product from U.S., S.Korea, EU
China to impose anti-dumping duties on rubber product from the United States, South Korea and the European Union.
The ministry of commerce disclosed this on Friday, stating it will commence from December 20th.
China will slap an anti-dumping tariff of 222% on the Dow Chemical Company and 214.9% on Exxon Mobil Corp for the imports of the so-called ethylene-propylene-non conjugated diene rubber, the Ministry of Commerce said in a statement.
Duties ranging from 12.5% to 222% will be imposed on other companies for the imports of the rubber product, widely used in construction, wires and the auto industry.
