homeeconomy NewsEU sets provisional import duties on Chinese e bikes

EU sets provisional import duties on Chinese e-bikes

EU sets provisional import duties on Chinese e-bikes
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By Reuters Jul 18, 2018 8:02:16 PM IST (Updated)

The European Union will impose duties from Thursday on Chinese electric bicycles in a move to curb cheap imports that European producers say are flooding the market.

The European Union will impose duties from Thursday on Chinese electric bicycles in a move to curb cheap imports that European producers say are flooding the market.

The duties are the latest in a series of EU measures against Chinese exports ranging from solar panels to steel, which have sparked strong words from Beijing.
The EU shares US concerns about technology transfers and state subsidies but has called on countries to avoid a trade war. Earlier this month, the United States and China slapped tariffs on $34 billion of each other's imports.
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