Products Such As Footwear And Textiles, Which Were Imposed By The EU On Additional Tariffs, Are Expected To Be Rehabilitated.
Foreign media 15 daily said, an expert group of WTO (WTO) ruled in a preliminary report that the EU has resorted to so-called anti-dumping measures and imposed tariff cuts on imported products in a uniform manner, violating the global trade rules.
And footwear currently being imposed by the European Union on additional tariffs.
textile
And other products are expected to be rehabilitated.
According to the financial times, the EU has condemned the World Trade Organization for levying additional tariffs on imported goods which are regarded as unfair pricing.
In a preliminary report, a WTO expert group ruled that the EU violated the whole world by resorting to so-called anti-dumping measures and levying tariffs across countries.
Trade
Rules.
Reported that WTO's attitude towards footwear, glazed tiles and other products have potential impact, which can be said to be a significant victory in China.
The report pointed out that the case involved screws and bolts imported from China, which were faced with a 85% additional tariff when entering the European Union, on the grounds that the European Union thought they were dumping in Europe at below market prices.
But WTO, the global trade watchdog group, ruled that additional tariffs should not apply to all Chinese exporters.
The WTO panel's position is not to reject anti-dumping duties on bolts or any other product categories.
However, it seeks to ensure that such tariffs are specific to specific companies, not to all potential exporters.
Background news
The EU has formally collected leather shoes from China since October 7, 2006.
Anti-dumping duty
The highest tax rate is 16.5%.
Because the case has caused great divergence within the EU, the EU Member States will eventually reduce their anti-dumping duty to 2 years from the usual 5 years.
In October 2008, when the formal anti-dumping measure should have expired, the European Commission decided to review the anti-dumping case of Chinese leather shoes in order to decide whether to extend the anti-dumping measures.
During the review period, the original anti-dumping measures are still applicable.
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