The Latest: China raises tariffs on optical fiber materials

FILE - In this Wednesday, March 21, 2018 file photo the logo of German car manufacturer BMW is pictured in Munich, Germany. Automaker BMW said Monday July 9, 2018, it will have to raise prices on the U.S.-built SUVs it sells in China due to 40 percent import tax on cars from the United States, in retaliation for higher tariffs on Chinese goods imposed by President Donald Trump.((AP Photo/Matthias Schrader, file)

BEIJING — The Latest on trade tensions between China and the U.S. and other foreign trading partners (all times local):

7:00 p.m.

China has stepped up action against some U.S. goods by announcing anti-dumping duties on raw materials used in making optical fibers.

The Commerce Ministry said Tuesday that optical fiber preforms from the United States will face additional duties of 37.9 to 78.2 percent for five years.

It said Corning was among the companies that would be affected by the higher duties.

___

2:00 p.m.

A business group says European companies that export from China are changing the global flow of their goods to avoid higher American tariffs in a sign of the spreading impact of the U.S.-Chinese trade war.

The president of the European Union Chamber of Commerce in China, Mats Harborn, said Tuesday one of its members moved final assembly of goods for the American market from China to a newly created U.S. company.

The Trump administration's 25 percent tariffs on medical equipment, electronics and other goods from China apply to exports made by U.S. or European companies as well as Chinese suppliers.

Harborn said other European companies are "scrambling to readjust supply chains" so that goods bound for the United States don't pass through China.

Must Read

Britain's May seeks out new trading relations post-Brexit

Sep 4, 2016

British Prime Minister Theresa May says she intends to seize new trading opportunities for a...

Air China removes mag with offensive article about London

Sep 8, 2016

Air China says it has removed copies of its inflight magazine containing an article criticized as...

Winds may finally clear 'scary' pollution from China's skies

Dec 21, 2016

The dense smog that has smothered much of China for five days may soon clear, giving relief to...

Global markets mixed after Wall Street loss

Dec 23, 2016

Asian markets are mostly lower while Europe has gained in early trading ahead of the Christmas...

China resumes ties with Sao Tome in triumph over Taiwan

Dec 26, 2016

China and Sao Tome and Principe have officially resumed diplomatic relations after the African...