China’s auto import duties ‘retaliation’
Dec 14, 2011 | 05:06 PM
| Corinna Petry
Tags
automobiles,
tariffs,
retaliation,
Sean McAlinden,
Center for Automotive Research,
General Motors,
Chrysler,
Ford
corinna petry
CHICAGO — The imposition of anti-dumping and countervailing duties by China on U.S. vehicles should have little appreciable affect on American automakers as the tariffs are mostly symbolic, according to an industry economist.
China’s Ministry of Commerce said Wednesday that it will levy duties on U.S.-made sedans and sport utility vehicles with engines of 2.5 liters and above after an investigation showed evidence of dumping, the national news agency Xinhua reported.....
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