EU slaps anti-dumping duties on China, Taiwan steel
The EU announced Wednesday it will impose anti-dumping duties for six months on some steel imports from China and Taiwan as a new trade row erupted between Brussels and Beijing. The tariffs will affect imports of flat-rolled stainless steel used to make products like washing machines, dishwashers, medical tools and automobiles. The European Union and China have already clashed over the alleged dumping of products ranging from wine to solar panels to steel pipes. Duties of around 25 percent for the targeted Chinese firms, including industrial giant Baosteel, and 10 percent for the Taiwan companies will take effect from Thursday, the European Union Official Journal said.
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