EU slaps duties on Chinese goods

Published November 16, 2008

BRUSSELS, Nov 15: The European Union put anti-dumping duties on Chinese-made candles and non-alloy steel products on Saturday, approving an earlier-flagged move as leaders at the G20 summit called for countries to avoid trade protectionism.

With trade disputes between Brussels and Beijing on the rise, the move comes as Chinese officials meet their European counterparts at the Group of 20 advanced and emerging nations in Washington.

Import tariffs of up to 60 per cent will be slapped on Chinese candles which accounted for 300 million euros ($380.6 million) of the EU market, worth 810 million euros in 2007.

Extra duties of up to 50 per cent will also be placed on non-alloy steel wire products from the Asian powerhouse for the next six months, the EU’s Official Journal said.—Reuters

Opinion

Editorial

GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...
Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...