# US DDGS exports get a boost as China removes 11% value added tax | 2017-11-09 | Agri-Pulse | Agri-Pulse Communications, Inc.

> China is removing its 11% value-added tax on U.S. DDGS, effective immediately, according to government officials after talks between Presidents Trump and Xi. Anti-dumping and countervailing duties imposed in January remain in place. China imported 6.5 million tonnes of DDGS in 2015, about 51% of U.S. DDGS exports.

- Date: 2017-11-09 · published 2017-11-09T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/67987-us-ddgs-exports-get-a-boost-as-china-removes-11-value-added-tax-2017-11-09-agri
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

The tax cut makes U.S. DDGS more competitive in China, a major buyer, which supports export demand and DDGS prices although the remaining duties limit the gain.

## Read by commodity

- DDGS: bullish ▲

## Sources

- agrocommodityasia.com: https://agrocommodityasia.com/ddgs-prices-set-increase-significantly-china/
- agri-pulse.com: https://www.agri-pulse.com/articles/10185-us-ddgs-exports-get-a-boost-as-china-removes-11-value-added-tax
- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/market-matters-blog/blog-post/2017/11/13/china-cracks-door-open-us-ddgs

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
