The U.S. Grains Council says almost 70 U.S. companies have register as interested parties to China's anti-dumping investigation against imports of U.S. origin distiller's dried grains with solubles. USGC President and CEO Thomas Dorr called the Chinese investigation surprising, saying it could be disruptive to trade but the Council encourages a positive resolution to the investigation. USGC managed the registration process which began last Friday and includes translating the completed forms into Chinese by next Monday.
Registering as an interested party is an important step, since registered parties can qualify for lower, negotiated tariffs if there is a finding in the investigation. In contrast, unregistered companies could face the highest tariffs of all. To reach a final ruling against U.S. trade, China must show evidence that DDGS has been dumped in the Chinese market at prices below what other buyers pay and that Chinese interests have been injured by the dumping.
Rebecca Bratter, USGC director of trade development, says the Council's goal is to encourage a resolution that focuses on the long-term U.S.-China trade relationship. For the Council's part, Bratter says they intend to operate as normal in China and continue the trade relationship despite whatever happens in this case.
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