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China drops U.S. broiler chicken import duties amid growing trade

byCT Report
27/02/2018
in Latest News
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BEIJING: China’s Commerce Ministry said it has removed anti-dumping and anti-subsidy duties on U.S. white-feathered broiler chickens, ending a years-long dispute between the world’s largest economies amid growing tensions over agricultural trade.

The move, effective on Tuesday, comes after a World Trade Organization ruling in January that obliged Beijing to lower the tariffs unless it appealed within 20 days.

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The tariffs were first imposed in 2010 and were extended for a further five years in 2016.

The removal of penalties comes against a backdrop of an escalating trade spat between the two countries, after Washington slapped duties on washing machines and solar panels, triggering a probe by Beijing into U.S. sorghum that was widely seen as retaliation.

The dispute has fueled concerns that soybeans might also be caught up in the trade actions.

The administration of U.S. President Donald Trump is considering imposing stiff curbs on steel and aluminum imports from China as well.

This is great news, but the market is still currently closed,” said Sarah Li, director for Greater China at the USA Poultry and Egg Export Council in Hong Kong.

The industry association visited China’s Ministry of Agriculture in January to urge the government to remove the import ban, which it considers to be no longer valid after an absence of outbreaks of highly lethal forms of the virus, she said.

Exports of poultry and eggs to China were worth hundreds of millions of dollars each year before the restrictions.

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