China extends anti-dumping probe into pecans from US, Mexico
BEIJING — China has extended an anti-dumping investigation into pecans from the United States and Mexico, Beijing's commerce ministry said on Thursday, two weeks before an expected visit by President Xi Jinping to Washington. The probe launched last year was originally expected to expire on September 25, one day after President Donald Trump's anticipated meeting with Xi in the US capital. The…
China has extended its anti-dumping investigation into pecans imported from the United States and Mexico, citing the complexity of the case, according to a statement from the Chinese Commerce Ministry. The probe, which was initially set to expire on September 25, 2023, just before President Xi Jinping's anticipated visit to Washington, will now continue until March 25, 2024.
The investigation was launched last year and initially targeted pecans from both countries, with levies of 54.3 percent imposed on US pecans and between 17.8 percent and 51.6 percent on Mexican pecans. These tariffs were implemented following Beijing's preliminary ruling that the imports were being dumped into the Chinese market, causing significant harm to the domestic industry.
The United States and Mexico are the world's largest producers of pecans, with US exports to China valued at $93.1 million in 2023, according to the US Foreign Agricultural Service.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- China extends anti-dumping probe into pecans from US, Mexico koreatimes.co.kr