EU to Put Punitive Duties on Chinese Bikes & Tiles
[2012-08-06 17:02:38]
Chinese diplomats said on August 1 that the EU will soon set up trade barriers to bikes and ceramic tiles from China as its latest protection for EU manufacturers.
The European Commission plans to levy five-year punitive duties up to 69.7% on China-made ceramic tiles and prolong antidumping duties up to 48.5% on China-made bikes and bike parts until 2016.
The diplomats indicated that the Commission plans have got official support from most of EU member states.
Source: ETCN
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