US Levies Anti-Dumping, Anti-Subsidy Tariffs on Etidronic Acid from China
Yicai Global
/SOURCE : Yicai
US Levies Anti-Dumping, Anti-Subsidy Tariffs on Etidronic Acid from China

(Yicai Global) April 24 -- The US International Trade Commission has decided to impose anti-dumping and anti-subsidy tariffs on etidronic acid (or 1-hydroxyethylidene-1, 1-diphospohnic acid, HEDP) from China.

The commission made the final ruling on April 21, state-owned news agency Xinhua reported. As the US Department of Commerce has already determined that China has been dumping and subsidizing the product in America, the USITC's final ruling means the commerce department will instruct US Customs and Border Protection to levy anti-dumping and anti-subsidy tariffs on the imports.

Based on the commerce department's final ruling, the US will charge anti-dumping duties of between 167.58 percent and 184.01 percent and countervailing duties of 2.4 percent to 54.11 percent on Chinese manufacturers exporting etidronic acid to the US.

The acid is a chemical compound used principally in industrial water treatment, household cleaning products and personal care. The US imported USD290 million worth of the compound from China in 2015, according to data from its commerce department.

China's Ministry of Commerce has repeatedly expressed its hope that the US will uphold its commitment to oppose trade protectionism, work with other nations to maintain a free, open and fair world trade environment and handle trade friction more rationally.

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Keywords: China , US , Business , Trade , Chemical