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Article: EU imposes anti-dumping tariffs on Chinese aluminum foil
- Article from:
- Xinhua News Agency
- Article date:
- September 24, 2009
CopyrightCopyright 2009 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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EU imposes anti-dumping tariffs on Chinese aluminum foil
BRUSSELS, Sept. 24 (Xinhua) -- The European Union decided Thursday
to impose five-year duties on aluminum foil imported from China,
Brazil and Armenia over alleged dumping charges.
The EU said in its decision that the duties were up to 30 percent
as a punishment to Chinese exporters for selling the product at
below cost, or dumping. Reports say that Shanghai-based Alcoa
Aluminum Products Co. was affected by the punishment.
The tariffs on Brazilian products are 17.6 percent, Armenia's are
13.4 percent.
The EU accepted an offer by Brazil's Companhia Brasileira de
Aluminio to sell at a minimum price in return for an exemption from
the ...