China Launches Antimonopoly Probe Into DuPont
China Launches Antimonopoly Probe Into DuPont

China Launches Antimonopoly Probe Into DuPont

News summary

DuPont de Nemours, Inc. is facing an anti-monopoly investigation by China's State Administration for Market Regulation (SAMR) regarding its business practices in China. The probe has led to a significant decline in DuPont's stock value, dropping approximately 10.7% pre-market. This investigation is part of broader retaliatory measures from China, which include tariffs on U.S. imports amid escalating trade tensions. DuPont has confirmed its cooperation with the inquiry, emphasizing its commitment to regulatory compliance, though specific details of the investigation remain undisclosed. The company derives about 19% of its revenue from China and has multiple manufacturing facilities there. Analysts continue to maintain an

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