Economics

China Hit by EU Tariffs as High as 66%

  • EU duties as high as 66.4% counter alleged below-cost imports
  • Levies mark preliminary outcome of dumping investigation

Photographer: Qilai Shen/Bloomberg

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The European Union imposed tariffs as high as 66.4% on steel road wheels from China, targeting manufacturers such as Zhejiang Jingu Co. and Xingmin Intelligent Transportation Systems Co.