The EU has imposed tariffs on imports of Chinese electric bicycles, in an effort to shield the bloc’s manufacturers against dumping at a time of rising trade tensions around the globe.
Brussels decided to impose provisional anti-dumping duties of between 21.8 per cent and 83.6 per cent on inbound shipments of e-bikes from China, without which it said a further deterioration of the industry’s economic and financial situation was “very likely”.
Regulators found evidence of dumping — selling a product below home market prices — as a result of which the region’s e-bike producers suffered “material injury”.
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