Arab Today, arab today china slaps antidumping tax on eu chemical
Last Updated : GMT 04:36:12
Arab Today, arab today
Arab Today, arab today

China slaps anti-dumping tax on EU chemical

Arab Today, arab today

Arab Today, arab today China slaps anti-dumping tax on EU chemical

Beijing - AFP

China announced on Thursday it would impose anti-dumping tariffs on a chemical imported from the European Union, the latest twist in a series of bitter trade disputes between the two economic giants. The Chinese government from Friday will collect punitive taxes of up to 36.9 percent from the EU on toluidine, an agent used to produce dyes, medicines, pesticides and other products, the commerce ministry said. China a year ago opened an investigation into the alleged dumping -- or selling at a price below costs -- of EU toluidine in the country. The tax will be collected for five years, the ministry said in a statement. \"The product under investigation was dumped (in China) and China\'s toluidine industry suffered material injury,\" the statement said. The EU office in Beijing had no immediate comment. The ruling came as China and the EU are at loggerheads over a series of disputes covering products including solar panels, telecom equipment, wine and steel pipes. The European Commission, the EU\'s executive arm, earlier this month imposed an average tariff of 11.8 percent on solar panel imports from China -- which will rise to more than 47 percent in August if negotiations fail to resolve the dispute. China quickly hit back by launching an anti-dumping and anti-subsidy inquiry into sales of European wine, stoking fears the dispute was escalating. But EU Trade Commissioner Karel De Gucht said last week on a visit to China that Brussels and Beijing can reach a speedy agreement over the solar panels, dismissing trade war fears by saying that an escalation \"would be stupid for both sides\". Total trade between the two sides fell 3.7 percent year-on-year in 2012, with China\'s imports from the bloc rising 0.4 percent to $212 billion, while shipments in the opposite direction tumbled 6.2 percent to $334 billion, Chinese customs data showed.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china slaps antidumping tax on eu chemical Arab Today, arab today china slaps antidumping tax on eu chemical

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Russia, Iran ink economic deals

GMT 08:03 2017 Wednesday ,29 March

Russia, Iran ink economic deals
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 11:55 2017 Wednesday ,29 March

Need ‘gymspiration?’ The top fun fitness bloggers

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 05:17 2017 Wednesday ,29 March

Samsung to sell refurbished Galaxy Note 7s

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday