Economics
China to Review U.S. Fiber Duties Amid Rising Trade Tension
- Review on optical fiber may be step toward increased tariffs
- Recent developments aren’t a trade war, trade scholar says
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China will review anti-dumping measures against a type of optical fiber product made in the U.S. and European Union, a potential step toward higher tariffs on those imports.
Domestic producers of the product, known as "dispersion unshifted single-mode optical fiber," filed complaints that U.S. and EU counterparts increased dumping, and existing duty rates aren’t sufficient, the Commerce Ministry said in a statement Tuesday. It said in April that it would keep tariffs on U.S. and EU products, introduced in 2011, for another five years. Those duties range from 4.7 percent to 29.1 percent, including 5.4 percent for Corning Inc.