EU MINISTERS APPROVE ANTI-DUMPING DUTIES ON CHINESE SADDLES
June 1st, 2007
BY KEITH NUTHALLTHE EUROPEAN Union (EU) Council of Ministers has approved imposing a definitive 29.6% anti-dumping duty on imports of bicycle saddles exported from China. The council also ordered that earlier provisional duties should be collected, and at the (higher in some cases) rate of the definitive duties, because of the "magnitude of the dumping margins found" and the intense "level of the injury caused to the EU industry" by cheap dumped Chinese cycle saddles. Nonetheless, ministers exempted two companies found not dumping saddles: Giching Bicycle Parts ...
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