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23h ago

China Finalizes Up to 74.9% Duties on US POM Copolymer Imports

The move concludes a year-long anti-dumping probe and signals sustained trade tensions despite a recent tariff truce with the US.

A truck carrying a container moves at the Yantian port in Shenzhen, Guangdong province, China April 17, 2025. REUTERS/Tingshu Wang/File Photo
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A view of China's Ministry of Commerce on March 31, 2025 in Beijing, China.
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Overview

  • China has imposed anti-dumping duties on POM copolymer imports from the US, EU, Japan, and Taiwan, with rates as high as 74.9% for US shipments.
  • The duties follow a year-long investigation launched in May 2024 after the US increased tariffs on Chinese electric vehicles and chips.
  • POM copolymers, used in auto parts, electronics, and medical equipment, are strategically significant as substitutes for metals like copper and zinc.
  • Specific duties include 34.5% on EU imports, 35.5% on Japanese imports (24.5% for Asahi Kasei Corp), and 32.6% on Taiwanese imports (4% for Formosa Plastics and 3.8% for Polyplastics Taiwan).
  • The announcement underscores persistent trade friction, even as APEC warns of systemic risks to global trade and a temporary US-China tariff truce is in place.