Friday, September 3, 2010

Tariff Wars: China Slaps Duties on US Chicken


Amidst a gradually escalating trade war China has now imposed anti-subsidy duties on US chicken products for a period of five years, its commerce ministry said Wednesday.

The move comes hard on the heels of a decision by the US Commerce Department to impose duties on aluminium products from China (See: Tariff wars: US penalises aluminum imports from China).

US broiler and chicken products will attract tariff rates ranging from 4 per cent to 30.3 per cent, the ministry announced. It said US producers benefited from government subsidies that lowered feed prices and hurt Chinese competitors.

The tariffs apply to chicken parts and whole birds but not to live chickens or cooked products such as chicken sausage. Read more here.