U.S. Senator charges China with using Mongolia to get export advantage - News.MN

U.S. Senator charges China with using Mongolia to get export advantage

Old News! Published on: 2010.06.28

U.S. Senator charges China with using Mongolia to get export advantage

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U.S. Senator
Charles Schumer has blasted China for alleged predatory trade practices,
including shipping its honey to the United States through India, Mongolia and
Malaysia so that tariffs would be cheaper. Schumer called the practice “honey
laundering” and said he will support a bill to authorize the U.S. Immigration
and Customs Enforcement agency to intercept such mislabeled honey, which may be
sold as malt sweetener or blended syrup.

Chinese honey gets slapped with a USD2.63 tariff on each kilogram. Mongolia and
others are eligible for a much lower tariff of only 1.9 cents per kg, according
to Mr. Schumer’s office. The reason for the wide tariff disparity is China’s
record as a predatory trade partner, said a spokesman for the senator.

 

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