PROTECTIVE DUTY COULD INCREASE COST OF AUTO TEXTILE PARTS
December 1st, 2010
BY KEITH NUTHALL
THE PRICE in Europe of tough polyester yarn used to make automotive textile parts such as seatbelts and airbags could rise following the European Union (EU) Council of Ministers ordering an anti-dumping duty on exports from China. These 9.8% tariffs will cover Chinese exports to the EU of 'high tenacity yarn' used by auto manufacturers, including monofilament of less than 67 decitex. It is also used to strengthen tyres. Plans to impose similar duties on this product exported from South Korea and Taiwan were dropped however. The duties follow an ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.