EU Imposed Punitive Tariffs On Chinese Automobile Yarns
It is reported that recently
European Union
Announcing the use of yarn for export to the European Union Auto Industry
According to the analysis, the EU tariff adjustment is obviously punishing.
In the 12 months before June 2009, the total export volume of Chinese enterprises to the EU increased by 2 times compared with that in 2005, while the share of European producers in their domestic market dropped from 51.1% to 39.2%.
Polyester yarns can be used for tire reinforcement, seating and other conveyor belts.
Recently, in order to protect European cars
Manufacturer
The interests of the EU frequently impose tariffs on automobile raw materials exported to China.
In October 2010, the EU increased tariffs on imports of China's aluminum alloy wheels to 22.3%. In June 2010, the EU imposed a 20.6% tariff on imports of aluminum wheels from China.
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