‘Europe-China trade war looms’

Published on 12 June 2013 at 09:59

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The EU plans to file a complaint with the World Trade Organisation over import duties imposed by China on stainless steel tubes.

The procedure will amount to “a further step in the trade wrangle” between the Union and the People’s Republic, writes La Tribune, in the wake of Brussels’ threat to introduce sanctions on Chinese solar panels and Beijing’s retaliation that it plans to slap taxes on French wine and German cars.

For the online business news site, the move will allow —

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… the EU to show China that it will contest any taxes that appear to be reprisals rather than measures based on the objective examination of trade practices. China currently has three contentious issues with the EU, while the European Union has six grounds for complaint against China.

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