Customs seeks deposits from Nissan
CHINA'S customs yesterday said it will demand Nissan North America Inc pay cash deposits for possible anti-dumping and countervailing duties on certain cars exported into the country.
The General Administration of Customs statement came after the Ministry of Commerce on Thursday announced a decision to initiate a new exporter review on anti-dumping and countervailing duties on Nissan products made in the United States.
In December 2011, China started imposing two-year anti-dumping duties ranging from 2-21.5 percent and countervailing duties of 6.2-12.9 percent on sedans and sport utility vehicles with engines of 2.5 liters or greater displacement imported from the US.
The General Administration of Customs statement came after the Ministry of Commerce on Thursday announced a decision to initiate a new exporter review on anti-dumping and countervailing duties on Nissan products made in the United States.
In December 2011, China started imposing two-year anti-dumping duties ranging from 2-21.5 percent and countervailing duties of 6.2-12.9 percent on sedans and sport utility vehicles with engines of 2.5 liters or greater displacement imported from the US.
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