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14Dec/110

China to impose tariffs on US cars

China will impose anti-subsidy and anti-dumping duties on imported cars made in the United States, the Commerce Ministry said on Wednesday, the latest in a series of trade disputes between the two countries. The ministry said US-produced cars and sport-utility vehicles benefited from subsidies and had been dumped into the Chinese market, causing "substantial damage to China's domestic industry".

rthk.hk - Finance News

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