China has rolled out new anti-dumping measures targeting halogenated butyl rubber from Canada and Japan, while clearing imports from India. Starting August 14, importers must pay security deposits of up to 40.5% for these rubber products – key materials for everything from car tires 🚗 to medical supplies 💊.
Why It Matters
The Ministry of Commerce confirmed dumping (selling below fair value) by Canadian and Japanese firms after a 10-month investigation. Meanwhile, India escaped penalties as its market share was deemed too small to impact Chinese producers.
Rapeseed Rumble 🌾
In a separate move, Canada faces 75.8% deposits on rapeseed imports starting Thursday. Beijing claims these agricultural imports hurt domestic farmers – a decision that could ripple through global food supply chains.
