According to the Financial Times on September 4th, EU Trade Commissioner Mandelson said that the practice of imposing additional tariffs on cheap "dumping" imported goods, even if it is reasonable, may be counterproductive. He will propose reform of the EU. Trade protection system.
Mandelson said at a conference in the Netherlands that anti-dumping duties and quotas would harm local European manufacturers, and they are increasingly outsourcing the production of footwear, textiles, light bulbs and other products to keep prices low. The competitive advantage of Asian rivals.
He said that although Europe should deal with unfair trade, globalization means that the definition of European manufacturing has become blurred. Mandelson said that there was disagreement within the European Commission before the decision last week to phase out anti-dumping duties on energy-saving light bulbs produced by European companies in China. He had hoped to abolish these punitive tariffs immediately, but other members extended the punitive tariff period to protect the European manufacturer of the only light bulb in Europe, Osram.
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