October 20, 2009

TRADE WAR: Beijing Imposes Anti-Dumping Duties on Nylon

In the latest tit-for-tat trade dispute, Beijing's Ministry of Commerce will impose duties on imports of nylon-6, a semicrystalline polyamide used in tire cord.

The anti-dumping duties impact nylon-6 from the EU, Taiwan, and the USA. The duties vary but the highest rates are for imports originating in the USA from BASF and Honeywell and the duty amounts - 30% to over 36% - are similar to Obama's tariff on Chinese tire imports.

The move is in direct response to the tire tariff particularly as it involves a source material for the production of some types of tires (trucks, off-road vehicles, aircraft, etc.)....

Labels: , ,

Comments: Post a Comment

Subscribe to Post Comments [Atom]

<< Home

This page is powered by Blogger. Isn't yours?

Subscribe to Posts [Atom]