Trade Watch

China feels that the US and three other countries/regions have dumped Nylon 6 on their market, and that these imports have caused substantial damage to the domestic sector. As a result, China will impose a 36% tariff, or "security deposit," on Nylon 6 (polycaprolactam) imported from the US. (The EU, Russia, and Taiwan will be subject to a lesser tariff.) This new charge is apparently in response to the US' recent imposition of 35% additional duties on Chinese tires. Nylon 6 is widely used in the manufacture of hosiery, knitted garments, threads, ropes, filaments, nets, and tire cords.