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<ul><li>China has imposed steep anti-dumping duties of up to 78.2% on certain U.S.-made fiber optic products starting Sept. 4, according to the Ministry of Commerce, escalating trade frictions between the world’s two largest economies.</li><li>The tariffs target a niche category of fibers known as cutoff wavelength-shifted single-mode fiber, or G.654.C fiber, optimized for long-haul and undersea networks. The ministry said U.S. producers were exporting these products to China in order to evade duties already applied to another fiber product.</li><li>According to the ministry, Corning Inc. will face a duty of 37.9%, OFS Fitel LLC will be taxed at 33.3%, and Draka Communications Americas Inc. will incur a 78.2% duty. All other U.S. exporters will be subject to the maximum rate of 78.2%. The measure builds on anti-dumping penalties China first levied on U.S.-origin single-mode fiber more than a decade ago.</li></ul>

China has imposed steep anti-dumping duties of up to 78.2% on certain U.S.-made fiber optic products starting Sept. 4, according to the Ministry of Commerce, escalating trade frictions between the world’s two largest economies.The tariffs target a niche category of fibers known as cutoff wavelength-shifted single-mode fiber, or G.654.C fiber, optimized for long-haul and undersea networks. The ministry said U.S. producers were exporting these products to China in order to evade duties already applied to another fiber product.According to the ministry, Corning Inc. will face a duty of 37.9%, OFS Fitel LLC will be taxed at 33.3%, and Draka Communications Americas Inc. will incur a 78.2% duty. All other U.S. exporters will be subject to the maximum rate of 78.2%. The measure builds on anti-dumping penalties China first levied on U.S.-origin single-mode fiber more than a decade ago.

China Slaps Up to 78% Tariffs on U.S. Fiber Optic Imports in First-Ever Anti-Circumvention Case 

United States

Corning Incorporated is a global, technology-based company. The Company produces optical fiber, cable, and photonic components for the telecommunications industry, as well as manufactures glass panels, funnels, liquid crystal display glass and projection video lens assemblies for the information display industry.

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Corning Inc (GLW US)

China Slaps Up to 78% Tariffs on U.S. Fiber Optic Imports in First-Ever Anti-Circumvention Case

China has imposed steep anti-dumping duties of up to 78.2% on certain U.S.-made fiber optic products starting Sept. 4, according to the Ministry...

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