2-5 news: China to place anti-dumping tariffs of 43.1% to 105% on chicken imports
According to AP reports, the duties will take affect on Feb. 13 and will apply to whole birds, chicken sausage and other products, including chicken feet, which is considered a delicacy in China. Companies that appealed the ruling will pay lower duties of 43.1 percent (such as Tyson foods) to 80.5 percent (such as Pilgrim’s Pride). Any company that didn’t appeal will have to pay the full rate of 105.4 percent.
U.S. President Barack Obama said this week Washington would take a tougher stand against Beijing in disputes over trade and currency. China's foreign ministry criticized the comments and said its currency controls are not to blame for the country's trade surplus.