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.

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Comments (2)
  • BlueOkie
    , contributor
    Comments (10506) | Send Message
    It is what happens when you have a wimp negotiating our treaties with China.
    3 Jun 2014, 08:51 AM Reply Like
  • annimhere
    , contributor
    Comments (81) | Send Message
    I guess its good most all US chemical companies have a presence in Europe and other Continents, including Dow.
    3 Jun 2014, 11:01 AM Reply Like
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