International Agricultural Trade Report

U.S. Sorghum Prices Rally with China’s Return to the Market

China’s announcement of tariff exclusions following the Phase One agreement had an immediate impact on U.S. sorghum exports mainly because of the sheer volume China purchases and its effect on prices.
On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.
Attaché Report (GAIN)

China: China Announces Increases to Additional Tariffs

On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.
On May 18, 2018 MOFCOM announced that it will drop its antidumping duty (AD) and countervailing (CVD) duty investigation on imports of U.S. sorghum, which was initiated on February 4....
On April 4, 2018, the People’s Republic of China’s Ministry of Commerce (MOFCOM) and Ministry of Finance (MOF) separately announced a proposal to levy retaliatory tariffs of 25 percent....