China Launches Anti-Dumping Probe into EU, US, Japan, Taiwan Plastics

5 months ago 29

China has launched an anti-dumping probe into imports of a widely used plastic from the US, EU, Taiwan and Japan.

The announcement from the Ministry of Commerce that imports of polyoxymethylene copolymer, which is used in electronics and cars, is a signal that China will hit back in its trade disputes with the US and Europe.

The announcement comes as China’s trade row with the US and the EU, deepened in recent months.

Less than a week ago, Washington sharply increased tariffs on Chinese goods, including electric vehicles, solar panels and computer chips.

The new US moves also expanded on sweeping border taxes that were imposed on Chinese goods under the Trump administration.

Read Entire Article