China extends anti-dumping probe into pecans from US, Mexico

China has extended its anti-dumping investigation into pecans imported from the United States and Mexico, citing the "complexity of the case," according to the Chinese Commerce Ministry. The probe, initially slated to conclude on September 25, 2023, just a day after President Xi Jinping's anticipated visit to Washington, will now continue until March 25, 2024.

The investigation, launched last year, was initially triggered by Beijing's imposition of steep levies on pecans from the US (54.3 percent) and Mexico (17.8 percent to 51.6 percent) following a preliminary ruling that the imports were being dumped into the Chinese market and causing significant damage to domestic industry. The US and Mexico are the world's leading pecan producers, with US exports to China valued at $93.1 million in 2023.

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.