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Caixin Global
Caixin Global

Business Brief (Aug. 11): China Imposes Deposits on U.S., Mexican Pecans

China United States Alibaba Cloud Chevrolet

China imposes deposits on U.S., Mexican pecans

China’s Ministry of Commerce issued a preliminary ruling that pecan imports from the U.S. and Mexico are being dumped, causing material injury to the domestic industry. Starting Tuesday, importers must provide deposits to customs based on deposit rates determined for each company.

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