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    EU Imposed Punitive Tariffs On Chinese Automobile Yarns

    2010/12/2 15:37:00 44

    EU Tariff

      

    It is reported that recently

    European Union

    Announcing the use of yarn for export to the European Union Auto Industry

    關稅,適用時間為5年,關稅稅率高達9.8%。此項征稅將于12月3日生效。歐盟委員會表示,來自中國的滌綸紗售價太過低廉,是一種傾銷行為。此次關稅實施后,將對包括無錫太極實業股份有限公司等公司在內中國出口商產生影響。

    According to the analysis, the EU tariff adjustment is obviously punishing.

    In the 12 months before June 2009, the total export volume of Chinese enterprises to the EU increased by 2 times compared with that in 2005, while the share of European producers in their domestic market dropped from 51.1% to 39.2%.


    Polyester yarns can be used for tire reinforcement, seating and other conveyor belts.

    Recently, in order to protect European cars

    Manufacturer

    The interests of the EU frequently impose tariffs on automobile raw materials exported to China.

    In October 2010, the EU increased tariffs on imports of China's aluminum alloy wheels to 22.3%. In June 2010, the EU imposed a 20.6% tariff on imports of aluminum wheels from China.

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