EU slaps tariffs on China aluminium products

14 April, 2021 12:00 AM printer

BRUSSELS: The EU on Monday slapped tariffs on certain aluminium imports from China that Brussels said were sold at artificially low prices in Europe.

The provisional tariffs came after complaints by European aluminium producers that said cheap chinese imports were putting them out of business, reports AFP.

The tariffs were decided after an investigation by the European Commission, which handles trade matters for the bloc's 27 member states and were announced in the EU's official journal.

China is widely accused of maintaining overcapacity in the state-backed steel and aluminium sector, which has provoked a wave of tit-for-tat tariff decisions over the past decade.

In the meantime, efforts to negotiate a global solution to stop Chinese overproduction in metals have failed and the US Trump administration sparked a trade war with China in 2018 over the issue.


Top