Wednesday, September 15, 2010

EU Raises Tariffs on Wheels


At the urging of wheel manufacturers in Europe, the European Union has agreed to extend antidumping duties on aluminum wheels from China, and to raise those duties to more than 23%.  The move was fiercely opposed by car manufacturers like BMW and Volkswagen, who fear that their businesses in China may be affected by retaliation by the Chinese government.

EU Raises Tariffs on Wheels - WSJ.com

No comments:

Post a Comment