China Issues Preliminary Anti-Dumping Ruling on US Pecans Ahead of US-China Summit

The Chinese government has issued a preliminary ruling finding dumping in imports of pecans from the US and Mexico, setting the dumping margin at 54% specifically for US-produced pecans.

On the 10th (local time), China's Ministry of Commerce announced the preliminary findings of the anti-dumping investigation launched last September, concluding that "dumping exists, the domestic pecan industry in China has suffered substantial injury, and a causal relationship exists between the two."

The ministry stated that it will implement provisional anti-dumping measures in the form of security deposits starting from the 11th, requiring importers to pay deposits to the authorities.

While China set deposit ratios (dumping margins) ranging from 17.8% to 51.6% for Mexican enterprises depending on the company, it imposed a blanket rate of 54.3% on all US companies.

A spokesperson for China's Ministry of Commerce stated that while many Mexican companies cooperated with the investigation, no US companies did. Consequently, the rate for US firms was determined based on facts available, in accordance with Chinese law and World Trade Organization (WTO) rules.

The spokesperson added, "China will continue its investigation in accordance with the law, fully guarantee the rights of all interested parties, and make a final ruling objectively and fairly based on the investigation results."

This announcement comes ahead of Chinese President Xi Jinping's visit to the US and a US-China summit scheduled for next month, prompting speculation from some that it is a maneuver to gain leverage ahead of the summit.

(Photo: AP, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.