Huge Duties on China’s E-Bikes Coming as EU Strengthens Dumping Defences?
BRUSSELS, Belgium – Against the background of the dumping investigation on e-bikes imported from China, ‘Brussels’ is negotiating on a new law to strengthen EU anti-dumping defences. This takes place in the EU Parliament next week. What is particularly noteworthy is that Parliament is aiming for huge duties like the US has on dumped Chinese solar cells that hit a 165% tariff, but only around 30% in Europe.
According to a Politico report the EU imposes lower anti-dumping duties than the US; like with the dumped Chinese solar cells. That’s due to the EU’s lesser duty rule, which cuts duties down to level determined sufficient to avert further injury to EU producers. Supporters of this approach hold the view that it ensures there’s still enough foreign competition on the market, keeping prices low.
Higher dumping duties to act as deterrent
MEP’s say higher anti-dumping tariffs act as a deterrent. With this new law on the “Modernization of Trade Defense Instruments,” they want the EU to apply higher anti-dumping tariffs whenever the exporting country gives subsidies to exporters, has “structural distortions” in its raw material prices — as China does — or does not respect social or environmental rules.
According to the Politico report MEPs said they were confident that they would secure commitments on both social as well as environmental triggers from EU countries and the Commission and that they were optimistic for a positive conclusion.