China hikes tariffs on some optical-fiber products from US
China is raising “anti-dumping tariff rates” for some U.S. optical fiber products, Reuters reported Tuesday.
The new rates for dispersion unshifted single-mode optical fiber will fall between 33.3 percent and 78.2 percent and will go into effect on Wednesday, according to a statement from China’s commerce ministry.
That could be a significant hike for U.S. companies, who previously saw rates between 4.7 and 18.6 percent, according to Reuters.
The impacted American companies include Corning Inc, OFS Fitel, LLC and Draka Communications Americas Inc, Reuters reported.
