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Within the European Union, there have recently been signs of boycotting China’s cheap imported products. Several European Union (EU) member states, such as Germany, France, and Italy, are seeking to impose punitive tariffs on Chinese products, and China’s air compressors may be subject to anti-dumping duties.
“Financial Times†sources said that the British Trade Commissioner Peter Mandelson suggested not to impose anti-dumping duties on air compressors from China. The European commissioners from Italy, Germany and France alone tried to veto this decision. This highlights that as the economic growth slows, the three countries are becoming increasingly sensitive. They demand that all 27 trade commissioners discuss this matter tomorrow. However, Mandelson said that these actions will be counterproductive.
Earlier, the "Wall Street Journal" quoted Dow Jones news that the EU regulator said it would not impose punitive tariffs on China's compressed air products, but also cancel the investigation of the above products.
At present, there are indications that Chinese air compressor manufacturers are selling products in EU countries at below-market prices, but EU regulators have made the above suggestions after analysis. They believe that even if China imposes tariffs on air compressors, Chinese manufacturers may still continue to expand their market share in Europe by virtue of their lower cost advantage than their competitors. Of course, the above proposal must also wait for the consideration of the EU member states.
The report said that the European Union has recently stepped up efforts to impose restrictions on China's imports of low-priced steel, footwear and other products in order to protect relevant industries in Europe.
“Financial Times†sources said that the British Trade Commissioner Peter Mandelson suggested not to impose anti-dumping duties on air compressors from China. The European commissioners from Italy, Germany and France alone tried to veto this decision. This highlights that as the economic growth slows, the three countries are becoming increasingly sensitive. They demand that all 27 trade commissioners discuss this matter tomorrow. However, Mandelson said that these actions will be counterproductive.
Earlier, the "Wall Street Journal" quoted Dow Jones news that the EU regulator said it would not impose punitive tariffs on China's compressed air products, but also cancel the investigation of the above products.
At present, there are indications that Chinese air compressor manufacturers are selling products in EU countries at below-market prices, but EU regulators have made the above suggestions after analysis. They believe that even if China imposes tariffs on air compressors, Chinese manufacturers may still continue to expand their market share in Europe by virtue of their lower cost advantage than their competitors. Of course, the above proposal must also wait for the consideration of the EU member states.
The report said that the European Union has recently stepped up efforts to impose restrictions on China's imports of low-priced steel, footwear and other products in order to protect relevant industries in Europe.