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EU diplomats said on Wednesday that a number of EU member states are opposed to the EU's plan to impose a new tax on China's glass fiber, and they will try to put pressure on the European Commission on Thursday (26th).
At present, the EU imposes a 7% tariff on Chinese imports. If the new tax plan is implemented, this means that the Chinese fiberglass tax rate will increase to 50.6%. It is reported that the European Commission can wait until March 2011 to introduce anti-dumping tariffs, but the plan will start trials from September 16 at the latest.
Because glass fiber is widely used in the field of clean technology, EU countries rely on cheap and strong fiberglass materials produced in China when manufacturing wind turbine blades, light vehicles, hulls and trains. The upward adjustment of tariffs will jeopardize the field of clean technology in Europe. Therefore, at the request of Germany, the EU Trade Commission will hold a special meeting to discuss whether the Executive Committee should implement a plan to impose a 43.6% tariff on China's glass fiber.
Diplomats said that most EU countries will oppose the motion at the meeting on Thursday, including Germany, the United Kingdom, the Netherlands, Luxembourg, Denmark, Sweden and Finland. Although the Executive Committee can still go its own way without the support of any member states, if most of the member states object, it may be prompted to abandon or modify the plan, because they need to get the final decision on tariffs in March next year. support.
At present, the EU imposes a 7% tariff on Chinese imports. If the new tax plan is implemented, this means that the Chinese fiberglass tax rate will increase to 50.6%. It is reported that the European Commission can wait until March 2011 to introduce anti-dumping tariffs, but the plan will start trials from September 16 at the latest.
Because glass fiber is widely used in the field of clean technology, EU countries rely on cheap and strong fiberglass materials produced in China when manufacturing wind turbine blades, light vehicles, hulls and trains. The upward adjustment of tariffs will jeopardize the field of clean technology in Europe. Therefore, at the request of Germany, the EU Trade Commission will hold a special meeting to discuss whether the Executive Committee should implement a plan to impose a 43.6% tariff on China's glass fiber.
Diplomats said that most EU countries will oppose the motion at the meeting on Thursday, including Germany, the United Kingdom, the Netherlands, Luxembourg, Denmark, Sweden and Finland. Although the Executive Committee can still go its own way without the support of any member states, if most of the member states object, it may be prompted to abandon or modify the plan, because they need to get the final decision on tariffs in March next year. support.
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