China has announced antidumping duties ranging from 33% to more than 78% on US-made fiber optic cables used in undersea and long-distance data transmission. The country's commerce ministry says an investigation found American firms were skirting earlier measures. The decision comes just days after Washington further tightened restrictions on China’s access to US chipmaking tools, underscoring rising trade tensions between the world’s two largest economies.
00:00China is stepping up its trade war with the U.S. with new anti-dumping duties on some U.S.-made fiber-optic cables.
00:08China's Commerce Ministry says the levies will range from 33 to more than 78 percent for some cables used in undersea and long-distance data transmission.
00:18It says an investigation found U.S. firms were skirting earlier trade measures.
00:22The decision comes just days after Washington tightened curbs on China's access to American chip-making tools.
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