China agrees to drop VAT on DDGS imports but no move made on anti-dumping tariffs

In China, the government will remove an 11% value added tax on DDGS imports following meetings between the president and his US counterpart currently on an official visit to the country. The decision had been rumored within the market for the past few months and no date for when the tax will be removed has been confirmed. Anti-dumping duties on DDGS imports from the US will remain in place, however. Even so, domestic DDGS is currently still $10/ton cheaper than US imports.