By  on April 23, 2010

WASHINGTON — China imposed punitive tariffs on nylon imported from the U.S. and other countries on Thursday, alleging the goods damaged its domestic industry.

The Ministry of Commerce said China will impose antidumping tariffs ranging from 4 percent to 96.5 percent on nylon-6 imported from the U.S., the European Union, Russia and Taiwan, according to state media reports. Antidumping tariffs are applied when imported goods are sold for less than fair market value or below the cost of manufacture.

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