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China slaps 179% charge on US sorghum imports


China slaps 179% charge on US sorghum imports

How a trade war with China hurts US farmers

China said Tuesday it is slapping a huge charge on imports of an American crop that it accuses the United States of dumping on its markets.

China’s Commerce Ministry said that starting Wednesday, customs officers will charge importers a fee of about 179% on US shipments of sorghum after an investigation found they were being unfairly subsidized and damaging Chinese producers.

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Sorghum is a grain that is used to feed livestock and make a liquor that’s very popular with Chinese drinkers.

— CNN’s Steven Jiang contributed to this report.

CNNMoney (Hong Kong) First published April 17, 2018: 3:52 AM ET



    


    











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