National Ag News
China drops VAT on U.S. distillers grains
Nov 13, 2017, 17:29 PM
by
System
China has dropped its 11 percent value-added tax on imported U.S. dried distillers grains. U.S. Grains Council CEO Tom Sleight tells Brownfield Ag News the move by China comes as a result of President Trump’s Asia trip.
“We still have other tariff issues in China on U.S. DDGs coming from anti-dumping and countervailing duty tariff,” said Sleight, “but at least we’ve removed one obstacle, that being the value-added tax; it makes us a bit more competitive than we were yesterday.”
China reduced U.S.
Continue reading China drops VAT on U.S. distillers grains at Brownfield Ag News.
