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UPDATE 1-China to lower anti-dumping taxes on U.S. chicken suppliers
July 8, 2014 / 8:50 AM / 3 years ago

UPDATE 1-China to lower anti-dumping taxes on U.S. chicken suppliers

* China cuts anti-dumping taxes on U.S. exporters after probe

* Highest tax rate now at 73.8 pct vs 105.4 pct earlier (Adds details)

BEIJING, July 8 (Reuters) - China will lower anti-dumping duties on U.S. chicken products from Wednesday in the wake of last year’s ruling against Beijing by the World Trade Organization in a four-year-old dispute, the commerce ministry said.

China will levy anti-dumping taxes ranging from 46.6 percent to 73.8 percent on imports from U.S. suppliers, such as Tyson Foods Inc and Pilgrim’s Pride Corporation, the ministry said on its web site ( on Tuesday.

It would also levy anti-subsidy taxes ranging from 4 percent to 4.2 percent on U.S. chicken producers, it added.

The anti-dumping and anti-subsidy duties were previously set as high as 105.4 percent and 30.3 percent, respectively.

The ministry said a re-investigation found evidence that U.S. chicken exporters dump products in the domestic market and cause substantial harm to local industry.

The decision followed re-examination by the ministry late last year after the World Trade Organization (WTO) ruled against Beijing in the four-year-old trade dispute.

U.S. exports of chicken to China have fallen 90 percent over the past four years, costing sellers an estimated $1 billion after the Asian nation imposed the high anti-dumping duties in 2010. (Reporting by Aileen Wang and Koh Gui Qing; Writing by Niu Shuping; Editing by Kenneth Maxwell and Clarence Fernandez)

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