Chinese Telecom Gear Hit With EU Trade Tariffs in Pricing Row
- Chinese exporters will pay anti-dumping duties of up to 44%
- EU says higher prices for European buyers are justified
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The European Union imposed tariffs of as much as 44% on optical-fiber cables from China, affecting the supply of next-generation telecommunications equipment used by Deutsche Telekom AG and others.
Chinese exporters of core broadband gear for future 5G networks will face EU tariffs to counter unfair price undercutting known as dumping, according an EU legal document published on the authority’s website on Wednesday. Regulators said below-cost pricing risked driving EU producers out of the European market and there were plenty of alternative suppliers in Europe and elsewhere to replace the Chinese goods.