
China announced on Sunday that it will impose anti-dumping duties of up to 74.9% on imports of polyoxymethylene (POM) copolymers, a specialized type of engineering plastic, originating from the United States, the European Union, Japan, and Taiwan. The decision is aimed at curbing what Chinese trade officials describe as unfair pricing practices that have harmed domestic manufacturers.
POM copolymers are widely used in industries requiring high-performance plastic components, such as automotive, electronics, and consumer goods manufacturing. According to China’s Ministry of Commerce, the duties are effective immediately and apply to exporters found to be selling the product at below-market prices in the Chinese market, significantly undermining local production.
The anti-dumping levies will vary depending on the exporting company and country of origin. While some firms may face lower rates based on cooperation during the investigation, others could be subject to the maximum duty of 74.9%. The ministry concluded, after a detailed investigation, that imports of POM copolymers from these regions had caused substantial damage to China’s domestic industry.
The move could potentially heighten trade tensions between China and the affected countries, particularly as global supply chains remain sensitive to regulatory changes and tariffs. The United States, European Union, Japan, and Taiwan have not yet issued official responses, but affected manufacturers and trade associations are expected to review the decision and consider possible appeals or diplomatic consultations.
This development reflects China’s ongoing efforts to protect its domestic industries from what it sees as unfair trade practices, reinforcing the country’s use of trade remedies in line with World Trade Organization (WTO) guidelines.
Source: https:// – Courtesy of the original publisher.