China Levies Anti-Dumping Duties on Resorcinol Imports
China began levying temporary anti-dumping duties Nov. 23 on resorcinol from the U.S. and Japan, requiring companies to pay deposits for such imports, the Ministry of Commerce said. Resorcinol is an essential component in the manufacture of tires and other…
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fiber-reinforced rubber goods. The move followed initial findings of an investigation, launched in March, which showed evidence of dumping, it said. American and Japanese importers will now have to pay deposits with Chinese customs ranging from 30.1 -- 40.5 percent according to the level of dumping, it said.