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The EU intends to use high tariffs against cheap Chinese goods

August 1 issue of the German "Der Spiegel" reported that the EU was prepared products from China through the imposition of high tariffs on the way to fight cheap Chinese goods. EU member states has now decided to increase from mid-September from China wall and floor tiles imported import tariffs, the wall and floor tiles in China five years imposed punitive tariffs of up to 69.7%, Reuters quoted an EU diplomat said the point of view, this proposal received a majority of EU Member States trade officials support.

And this move is not groundless, the EU announced in November last year the next five years, a blueprint for the new global trade strategy, with particular emphasis on trade competitiveness, the EU countries want to trade for economic growth, address the high unemployment rate problem.

This year the European economy gradually into the cold abyss of the debt crisis, but China-EU trade has grown rapidly, from January to June, exports to China and the EU reached 164.48 billion U.S. dollars, up 16.9%. With labor advantage, the yuan low exchange rate to gain a competitive advantage, China's exports of goods increasing, but the EU is more and more resistance.

From Japan earthquake, tsunami, China's imports from Japan decreased, the European Union to replace Japan in March and April, the first row as China largest source of imports, the trade volume in May and June and the growth rate is always at a high state. "International Business" analysis, said China has been by virtue of labor and resources to undertake the EU's export processing orders, but this pattern does not seem to last long.

In addition, the EU will also bicycles and bicycle parts in China anti-dumping duty extended by five years to 2016. And anti-dumping duty rate to 48.5%, to extend anti-dumping duty measures will take effect in mid-October. European bicycle manufacturers,Especially Germany and Italy, bike maker accused of improper competitive threat by China to their business, hope to meet the statutory duty to extend the time limit - 5 years.

Recently, China's World Trade Organization agree that the challenged decision the EU import tariffs, EU trade relations with China have become increasingly strained, though the European Union imposed anti-dumping duties, Chinese exports to the EU in 2009, nearly 70 million bicycles, bicycle-related exports amounted to 4.3 billion euros. According to the EU glass fiber industry complaints, the Commission was announced in late July 2011, decided on the origin of the glass fiber fabric in China formally opened, the anti-dumping investigation involving products woven or knitted fabric and continuous glass fiber knitting yarn. If you find evidence of dumping, in March 2012 it will impose provisional anti-dumping duties after the European Commission announced in May that China's first anti-dumping anti-subsidy case, ruling on Chinese coated paper business a 4% -12% of the countervailing duty and 8% -35.1% of the anti-dumping duties.


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