The EU takes another action, doubling the tariff on Chinese ceramics to 79%, adding more obstacles to Sino-European trade!
Yesterday, the EU announced that it would raise the anti-dumping duty on Chinese ceramic tableware from 13.1%–36.1% to a uniform 79%, effective for five years. Citing so-called "unfair competition," the EU used Turkey's cost as a reference standard, claiming to protect about 30,000 local workers. This move continues the trade restrictions since 2013, significantly increasing the cost of Chinese ceramic exports and further intensifying Sino-European trade friction.
[Witty] The EU's significant increase in the tariff on Chinese ceramics to 79% is a typical trade protectionist operation. It uses data from a third-party country, ignoring the actual costs in the Chinese market, with standards that are double and lack persuasiveness. Looking back at the Sino-European trade frictions over the past decade, from photovoltaics and wind power to ceramics, the EU frequently employs trade barriers, essentially protecting backward production capacity and shifting internal pressure. Although high tariffs can temporarily protect domestic enterprises, they will increase the cost of living for European people and disrupt the global supply chain. In the current context of weak global economic recovery, the abuse of sanctions only exacerbates confrontation, and mutual benefit, win-win cooperation, and equal negotiation are the long-term solutions!
Original article: toutiao.com/article/1856441410433095/
Statement: The article represents the personal views of the author.