Beijing Goes Offensive, Launches Anti-Dumping Probe On EU, US, Taiwan And Japan

China on Sunday started an anti-dumping investigation into polyformaldehyde copolymer imported from the European Union, the United States, China’s Taiwan region and Japan, according to the Ministry of Commerce.

This follows US and EU while Taiwan been seen as an US ally, have more so recently imposed trade restrictions and tariff’s on China made goods.

The tit for tat reaction is not new, in the past China stopped importing wine from Australia which nearly crippled the industry but has since resumed after Canberra changed its tune after Donald Trump left office.

Recently the US raised tariff for medical face masks from 0-7.5 percent to 25 percent which could leave Americans extra bills of at least 1.1 billion U.S. dollars.

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