China imposes a tariff of up to 52% on Mexican pecans.

China imposes a tariff of up to 52% on Mexican pecans.

China has announced the imposition of provisional anti-dumping duties on pecan imports from Mexico and the United States. Tariffs have risen by up to 51.6% for Mexican companies, while those for U.S. companies have increased by 54.3%, according to a report by the Chinese Ministry of Commerce.

“China has always applied trade defense measures with prudence and moderation and remains firmly committed to defending fair and free trade,” the spokesperson emphasized, noting that the investigation will continue to proceed “in accordance with the law” to reach an “objective and impartial” final determination.

The new tariffs were announced amid ongoing trade tensions between the world's two largest economies. Changes are due to the fact that the Asian country has concluded that these products were being sold on the Chinese market at dumping prices.

“Preliminary findings indicate that the imported products under investigation are being sold at dumped prices, causing substantial injury to the relevant domestic industry,” the ministry stated in a press release.

Several Mexican companies have been affected by changes in tariffs, which now range from 17.8% to 51.6%. Several Mexican companies have been affected by the changes in tariffs, which now range from 17.8% to 51.6%. The agency’s spokesperson explained that the investigation into the matter has caused substantial harm to the industry.

“Preliminary findings indicate that the imported products under investigation are being sold at dumped prices, causing substantial injury to the relevant domestic industry,” the ministry stated in a press release.

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