China Brazilian chicken firms exempted from tariffs
The exemptions follow months of negotiations between Brazilian chicken producers and China, as Brazil sought to resolve an anti-dumping probe launched in August 2017.
Brazil is the world’s top exporter of chicken and the biggest overseas supplier to China. A preliminary determination in June last year had placed duties between 18.8% to 38.4% on all China’s imports of Brazilian broiler chickens.
Under a final decision issued by the commerce ministry on Friday, Beijing will maintain tariffs between 17.8% and 32.4% from 17 February for five years.
However, a list of companies will be excluded from the tariffs as part of a “price undertaking” agreed between the two sides, and reported by Reuters last month. The agreement set minimum prices for sales to China, but those were not published on Friday.