Peru Hits Chinese Toilets With Duties Up to US$14.30
Peru will charge up to US$14.30 extra on each Chinese one-piece toilet for five years, after its trade watchdog found they undercut local prices by about 40%. The post Peru Hits Chinese Toilets With Duties Up to US$14.30 appeared first on The Rio Times .
Peru has placed duties of up to US$14.30 on each one-piece ceramic toilet imported from China, effective October 7th. The decision, made by Peru's trade watchdog Indecopi, targets Chinese exporters who sell below fair market value, hurting local factories. China accounts for 36.2% of Peru's total exports. The duties, set at 15.2-45.2% dumping margins, also exclude smart toilets and those made outside China.
Peru's largest customer, China, still remains a major trade partner. Three Chinese exporters cooperated with Indecopi's inquiry, with the rates varying from US$5.70 to US$14.30 per unit. Peru's domestic toilet industry, represented by VSI Industrial and Corporación Cerámica, saw a decline in production and sales during the same period. The case could be appealed by Chinese exporters or Peruvian importers.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
