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EU divided on extending anti-dumping tax on footwear
25 Sep '08
1 min read
In October 2006, EU implemented 16.5 percent anti-dumping duty on Chinese shoes for a period of two years. However, with the period about to expire from next month, EU is again faced with the issue of whether or not to prolong this anti-dumping tax on Chinese shoes.
Of the 27 member countries of EU, 15 countries have expressed objection to imposing anti-dumping duties while France, Italy and some others have strongly supported its implementation.
On the other hand, the European Retailers Organization and the European Consumers Organization held that anti-dumping taxes were of no help to anyone since customers were paying high prices for both foodstuff and energy and the additional anti-dumping tax only adds to the already high prices which will ultimately have to be ultimately borne by consumers.
Of the 27 member countries of EU, 15 countries have expressed objection to imposing anti-dumping duties while France, Italy and some others have strongly supported its implementation.
On the other hand, the European Retailers Organization and the European Consumers Organization held that anti-dumping taxes were of no help to anyone since customers were paying high prices for both foodstuff and energy and the additional anti-dumping tax only adds to the already high prices which will ultimately have to be ultimately borne by consumers.
Fibre2fashion News Desk - China
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