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Keyword: indonesiasouthkorea

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  • Indonesia joins China and South Korea on US trade hit list

    02/22/2018 6:19:31 PM PST · by cba123 · 4 replies
    Nikkei Asian Review ^ | February 23, 2018 | SIMON ROUGHNEEN
    JAKARTA -- Indonesia is the latest Asian country to face American trade curbs after the U.S. Department of Commerce said it planned to slap anti-dumping duties of 92.52% to 276.65% on biodiesel imports from the archipelago. Argentina, another biodiesel producer, was also targeted by the Feb. 21 announcement, after U.S. businesses complained that they were being undercut by unfairly subsidized fuel from both countries. The commerce department said that exporters from Argentina and Indonesia respectively sold biodiesel in the U.S. at 60.44% to 86.41% and 92.52% to 276.65% below what it deems fair value. (please see full article at the...