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China Keeps Tariffs on U.S. Distillers Grain Before G-20 Meeting

June 19, 2019, 11:24 AM

China will keep hefty tariffs on a grain variety from America ahead of a meeting next week between President Donald Trump and counterpart Xi Jinping aimed at relaunching trade talks.

China’s commerce ministry said on June 19 that China decided to maintain its anti-dumping and anti-subsidy tariffs on distillers dried grains (DDGS), a by-product of corn-based ethanol, after reviewing the situation. If China were to end the tariffs, a large volume of U.S. distillers grains could be imported, which may hurt the domestic industry, the ministry said.

China adopted anti-dumping levies of as much as 53.7% and anti-subsidy tariffs ...

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