The EU Abolished The Anti-Dumping Duty &Nbsp; &Nbsp; Vietnam'S Export Leather Shoes Are Facing Fierce Competition.
March 25th, according to March 24th report, EU cancelled
Anti-dumping duty
Vietnam leather shoes
Exit
Faced with greater competition pressure from China's leather shoes.
The report said that from March 31st, the EU will cancel 10% of the anti-dumping duties on Vietnamese leather shoes, which is a good thing, which means reducing the tax burden, selling at a lower price and increasing competitiveness.
But the worry is that the competition pressure from China's leather shoes will be even greater, because even though the Chinese leather shoes are subject to a higher tax rate (16.5%) during the EU's anti-dumping duties on leather shoes, China's leather shoes still occupy the largest share of the EU market and Vietnam ranks second.
After the EU abolished the anti-dumping duties, China's leather shoes were exempted from more tax, so the price would be cheaper and the competitiveness would be greater.
Reported how to make Vietnam
leather shoes
It is a difficult problem to continue to maintain competitiveness after the EU abolished anti-dumping duties.
Vietnam's leather shoes will face the risk of anti-dumping investigation once they are cut down.
The head of the European Union's economic and trade delegation to Vietnam also believes that Vietnam's leather shoes are facing more brutal competition. He has no solution to this problem, but stresses that "the quality of products is still the most concern of EU consumers".
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