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China Daily | Updated: 2011-12-19 07:55
Anti-dumping duties on US cars
The Ministry of Commerce said in a statement last week that China will place anti-dumping and anti-subsidy duties on some vehicles imported from the United States with engines larger than 2.5 liters, starting from Dec 15 and lasting two years. Affected automakers include General Motors, Chrysler, BMW, Mercedes-Benz and Honda.
GM and Chrysler face anti-dumping duties of 8.9 and 8.8 percent as well as anti-subsidy duties of 12.9 and 6.2 percent. The US units of German automaker BMW and Mercedes-Benz will be imposed anti-dumping duties of 2 and 2.7 percent. Honda's US operations will also be subject to a 4.1 percent tariff.
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