China Targets American Farmers With Sorghum Surcharges - http://allcharts.co.za | Breaking News

April 17, 2018 8:10 am
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BEIJING—China’s Ministry of Commerce said it will impose surcharges on imports of U.S. sorghum, part of Beijing’s tit-for-tat retaliation in its trade fight with Washington.

The ministry said Tuesday that it would require importers to pay deposits worth 178.6% of  the value of U.S. sorghum shipments, following an investigation that initially found the grain was being dumped at prices that hurt domestic producers.

It…

 
 

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