European Commission imposes anti-dumping duties on Chinese aluminium converter foil imports - Wei Chou Wang
Description:
Aluminium converter foil is an important commodity on the EU market with a market value of 630 million Euro. It serves, in particular, the packaging and electric car battery industries. The tariffs will help defend EU companies and workers in this sector: the imports of aluminium converter foil from China will no longer enjoy an unfair advantage over the Union industries and will compete on an equal grounding.
Enablers:
dumping by Chinese exporters had caused significant damage to EU industry,
1. by forcing the Union industry to a loss-making price level
2. by losing market share.
It found that trade defence measures to tackle such practices are necessary and in the interest of the Union to ensure continued EU production under fair and competitive conditions.
Inhibitors:
1. China government's subsidies on aluminium converter foil industry.
2. China government's anti-action towards these duties through political instruments.
Paradigms:
After EUC's action, EU aluminum convertor foil producers can compete with China producers fairly; meanwhile, it's not only beneficial to the packaging and electric car battery industries, but also creates more possibilities for innovation on energy storage.
Experts:
1. EUC
2. Economists
3. Aluminum convertor foil manufacturers
Web Resources:
https://trade.ec.europa.eu/tdi/case_history.cfm?id=2501&init=2501
https://trade.ec.europa.eu/tdi/case_details.cfm?id=1895