China Hikes Duties On Japanese Synthetic Rubber Imports
Effective immediately, China will asses a duty of 20.8 percent on imports of the material, known popularly by the trade name Neoprene, from Japanese company Denki Kagaku Kogyo Kabushiki Kaisha, Dow Jones and Chinese state-run news agency Xinhua reported. The material had previously been subject to a 9.8 percent duty.
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