China levies anti-dumping duties on Japan, US-imported chemicals
BEIJING (REUTERS) - China levied final anti-dumping duties on the chemical resorcinol imported from the United States and Japan, the Ministry of Commerce said on Friday, marking the latest in a series of tariffs on imported chemicals.
The wave of anti-dumping duties, also previously targeted at the European Union, have strained ties between China and countries that export chemicals.
The United States and the European Union have ratcheted up protection for domestic products in response to what they see as unfairly subsidised imports from China.
Japanese companies Sumitomo Chemical Co. and Mitsui Chemicals Inc. both face duties of 40.5 per cent on resorcinol, which is used to produce rubber adhesives, dyes and cosmetics, the ministry said in a statement on its website.