FOREX TradingCharts.com

Financial News: BRAZIL: Entity Criticizes China's Anti-dumping Tariffs On

BRAZIL: Entity Criticizes China's Anti-dumping Tariffs On Poultry

06/09/2018 - 08:56:00 (RTTNews)

(RTTNews) - The Brazilian Association of Animal Proteins (ABPA) criticized the decision of the Chinese Ministry of Commerce to apply provisional anti-dumping tariffs to poultry imports from Brazil. According to the association, the Chinese argument that the Brazilian product is causing harm to local producers is not true.

"The association reaffirms that there is no causal link between Brazilian poultry exports and possible local market situations," ABPA said in a statement. The entity also stated that it considers the move "a setback in the good trade ties built by Brazilians and Chinese throughout this decade."

Despite the possible retraction of poultry exports, ABPA says that the flow of trade can be kept in the face of the growing demand of the Chinese market. In 2017, the Asian country received 391.4 thousand tons of chicken meat from Brazil or 9.2% of all that the country embarked in the period.

China's investigation into Brazilian chicken began in August 2017 at the request of local producers. According to ABPA, the process conducted by the Chinese Government included companies that do not export to the Asian country. The move, however, is preliminary and a final decision is expected for August. ABPA reiterated that it should monitor the process, in a bid to reverse the decision.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


BRAZIL: Government To Wait For Supreme Court Ruling On Freight Table (01 hr(s), 13 min(s), 12 sec(s) ago)
(RTTNews) - President Michel Temer said Monday that the Brazilian government should await the deci ...Full Story»

BRAZIL: DI Rates Open Higher With Trade War, USD, Before Monetary Decision (01 hr(s), 22 min(s), 12 sec(s) ago)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil opened higher Tuesday ...Full Story»

Draghi Reiterates ECB To Remain Patient In Hiking Rates (02 hr(s), 49 min(s), 12 sec(s) ago)
(RTTNews) - European Central Bank President Mario Draghi reiterated on Tuesday that the bank will ...Full Story»

U.S. Housing Starts Jump More Than Expected But Building Permits Plummet (04 hr(s), 34 min(s), 12 sec(s) ago)
(RTTNews) - While the Commerce Department released a report on Tuesday showing a much bigger than ...Full Story»

China Adds More Stimulus As Trade Dispute Escalates (05 hr(s), 13 min(s), 12 sec(s) ago)
(RTTNews) - China's central bank added more funds into the financial system on Tuesday after t ...Full Story»

U.S. Housing Starts Jump More Than Expected In May (05 hr(s), 11 min(s), 12 sec(s) ago)
(RTTNews) - While the Commerce Department released a report on Tuesday showing a much bigger than ...Full Story»

Hungary's Central Bank Keeps Rates Unchanged (05 hr(s), 42 min(s), 12 sec(s) ago)
(RTTNews) - Hungary's central bank maintained its interest rates, as widely expected, on Tuesd ...Full Story»

Portugal PPI Inflation At 1-Year High (07 hr(s), 12 min(s), 12 sec(s) ago)
(RTTNews) - Portugal's producer price inflation accelerated further in May to the highest leve ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

BRAZIL: Government To Wait For Supreme Court Ruling On Freight Table

06/19/2018 - 12:42 PM (RTTNews)
(RTTNews) - President Michel Temer said Monday that the Brazilian government should await the deci ...Full Story>>

BRAZIL: DI Rates Open Higher With Trade War, USD, Before Monetary Decision

06/19/2018 - 12:33 PM (RTTNews)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil opened higher Tuesday ...Full Story>>

Draghi Reiterates ECB To Remain Patient In Hiking Rates

06/19/2018 - 11:06 AM (RTTNews)
(RTTNews) - European Central Bank President Mario Draghi reiterated on Tuesday that the bank will ...Full Story>>

U.S. Housing Starts Jump More Than Expected But Building Permits Plummet

06/19/2018 - 09:21 AM (RTTNews)
(RTTNews) - While the Commerce Department released a report on Tuesday showing a much bigger than ...Full Story>>

U.S. Housing Starts Jump More Than Expected In May

06/19/2018 - 08:44 AM (RTTNews)
(RTTNews) - While the Commerce Department released a report on Tuesday showing a much bigger than ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.