Jason Douglas and Clarence Leong of The Wall Street Journal report Beijing is accusing firms of dumping stocks of propionic acid after an investigation. They write:
China slapped a levy on imports from the U.S. of a widely used chemical, a small salvo in an escalating trade dispute between Washington and Beijing.
China’s commerce ministry said imports of U.S.-made propionic acid would be subject to a levy of 43.5% after an investigation that began in July concluded the chemical was being dumped in China at rock-bottom prices and hurting Chinese producers as a result. […]
China last year added some U.S. arms manufacturers to a list of “unreliable entities” prohibited from trade with China. Beijing in May banned major Chinese firms from buying products from chip maker Micron Technology, citing national security.
The U.S. in 2023 opened antisubsidy probes into aluminum, wine bottles and paper shopping bags from China and levied duties on Chinese-made pressure washers.
Read more here.
