Beijing will fight back to levy taxes on us rubber products, including EU and Singapore.

China has decided to levy taxes on the import of halogenated butyl rubber products from the United States because of a double counter survey that began in August of last year in China to adjudication that the U. S. halogenated butyl rubber products have a problem of dumping. The European Union and Singapore’s similar products are jointly and severally taxed.

According to the Reuters today, the Chinese Ministry of Commerce announced on Thursday that it had initially ruled that the imported halogenated butyl rubber originating in the United States, the European Union and Singapore had been dumped. The domestic halogenated butyl rubber industry had suffered substantial damage and decided to guarantee the imported halogenated butyl rubber originating in the United States, the European Union and Singapore. Temporary anti-dumping measures in the form of gold.

According to the announcement of the website of the Ministry of Commerce, according to the ruling, since April 20, 2018, the import operators should provide the corresponding margin to People’s Republic of China customs according to the firm dumping margin (26.0%-66.5%) determined by the adjudication, when importing the halogenated butyl rubber originating in the United States, the EU and Singapore.

According to the announcement, the Ministry of Commerce issued a bulletin on the application of the domestic halogenated butyl rubber industry in August 30, 2017, and decided to investigate the antidumping cases of the imported halogenated butyl rubber originating in the United States, the EU and Singapore.

The report means that the website of the Ministry of Commerce of China has published an announcement that in August 14, 2017 the anti-dumping investigation application of the Zhejiang Xinhui new material Limited by Share Ltd and the Panjin and Yun new materials Co., Ltd. on behalf of the domestic halogenated butyl rubber industry was received, and the applicant requested the imported halogenated butyl from the United States, the EU and Singapore. The antidumping investigation of base rubber was carried out.

According to the evidence provided by the applicant and the preliminary review by the Ministry of Commerce, the production of the halogenated butyl rubber of the applicant in 2014, 2015 and 2016 accounted for more than 50% of the total output of similar products in China, which is in accordance with the eleventh and thirteenth articles of the anti dumping regulations of the People’s Republic of China. Check the requirements of the application.
The application claims that the halogenated butyl rubber originating in the United States, the European Union and Singapore will be exported to China at a price below normal value.