Seeking Alpha

China levies anti-dumping duties on chemical from U.S., Europe

  • China levies anti-dumping duties on a chemical imported from the U.S. and EU used in insect repellent and refrigerants, the country's Commerce Ministry says.
  • A tax of 71.8% will be imposed on exports of the chemical by U.S. companies, including Dow Chemical (DOW), while the same duties imposed on European exports will be levied 27.6%.
  • The ministry does not explain why it is targeting this chemical now, nor why there is such a difference in the levies.
Comments (2)
  • BlueOkie
    , contributor
    Comments (4510) | Send Message
     
    It is what happens when you have a wimp negotiating our treaties with China.
    3 Jun, 08:51 AM Reply Like
  • annimhere
    , contributor
    Comments (50) | Send Message
     
    I guess its good most all US chemical companies have a presence in Europe and other Continents, including Dow.
    3 Jun, 11:01 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|