National Sorghum Producers Dispel Dumping Allegations After China Slaps 178% Duty on US ImportsTue, 17 Apr 2018 11:55:53 CDT
Early Tuesday morning, Bloomberg reported that China has responded to a February investigation into allegations the US was dumping US Grain Sorghum into their country by implementing a 178.6 percent duty on US Grain Sorghum.
According to Bloomberg - Wang Hejun, chief of the trade remedy and investigation bureau at China's Ministry of Commerce said in a statement regarding the preliminary ruling that the action was in compliance with domestic law and World Trade Organization rules.
China imported about 4.8 million metric tons of sorghum from the U.S. last year, worth about $957 million, according to customs data, easily making China the largest foreign buyer of US Grain Sorghum.
National Sorghum Producers released the following statement in reaction to this development:
“National Sorghum Producers is deeply disappointed in the preliminary antidumping determination issued today by China’s Ministry of Commerce (MOFCOM). U.S. sorghum is not being dumped in China, and U.S. sorghum producers and exporters have not caused any injury to China’s sorghum industry.
“National Sorghum Producers, alongside our producers, stakeholders and partners, has cooperated fully with China’s antidumping and countervailing duty investigations, including submitting several thousand pages of data demonstrating conclusively that U.S. sorghum is neither dumped nor causing any injury to China. None of this information appears to have been seriously considered or used in today’s preliminary determination, which is neither fair nor appropriate.
“We continue to greatly value our Chinese customers and what has been a win-win business relationship between U.S. sorghum producers and our Chinese partners. Today’s decision in China reflects a broader trade fight in which U.S. sorghum farmers are the victim, not the cause. And U.S. sorghum farmers should not be paying the price for this larger fight.
“Understanding the serious impact this preliminary decision will have on our farmers, NSP and our partners will continue to demonstrate U.S. sorghum farmers are not injuring China. We are evaluating all legal options moving forward.”
Click here for our earlier story on these charges.
Source - National Sorghum Producers
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