China refuses to drop anti-dumping and anti-subsidy tariffs on US-origin DDGS

In China, Reuters reports that despite an upcoming meeting between US and Chinese leaders next week and an investigation into anti-dumping tariffs on US-origin DDGS that concluded in April, the country has decided not to drop the tariffs because it fears that lowering the tariffs would encourage an untenable influx of DDGS that could damage domestic producers. Existing anti-dumping duties are 42.2%-53.7% while anti-subsidy tariffs are 11.2%-12%. The trade war between the US and China escalated again last month and some Chinese traders believe Beijing’s decision on US-origin DDGS could be a sign that it is not afraid to continue fighting the war.