According to the News, the EU's approve to support the imposition of high tariffs on Chinese products,which will ensure the tariffs at a high enough level to protect European industries as steel and solar.
In response to China's long-standing demand for more favorable treatment and lessening the impact on European manufacturers, the European Parliament voted in favor of changing the tariff calculation method,which aimed at cracking down on imports, or dumping, at below-cost prices . The new EU law is expected to adopt a special formula to calculate anti-dumping duties.
Note: EU governments have already expressed their support for this legislation.The formal approval on Dec.4th will only be a form. The act will be announced on Dec,16th in the "Official Journal of the EU".
