China has imposed provisional anti-dumping duties of more than 50% on some pecan imports from the United States and Mexico, escalating trade tensions with two of its major trading partners after Beijing concluded that artificially low-priced imports were hurting Chinese producers.
China's Ministry of Commerce announced that its preliminary investigation found U.S. and Mexican pecans were being dumped in the Chinese market and that the practice had caused "material injury" to China's domestic pecan industry. Importers will now be required to pay deposits ranging as high as 54.3%, depending on the country and company involved.
