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HOME > News > Transactions and Cases > AllBright Clients Win Lowest Duty taptap点点 from EU Anti-Dumping Probe

AllBright Clients Win Lowest Duty taptap点点 from EU Anti-Dumping Probe

 2014-12-2415919

On December 23, 2014, the European Union announced the interim review ruling of an anti-dumping investigation against glass fiber products (certain continuous filaments) originating from the People’s Republic of China. It announced the countervailing and anti-dumping duty taptap点点 imposed on Chinese products will range from 4.9% to 29.6%. AllBright’s two clients won the lowest and second lowest taptap点点. 

AllBright represented the two companies and the overall Chinese industry to file a non-injury defense. In the taptap点点, the AllBright team worked closely with the affected companies to prevent the European Union from revoking their market economy treatment (MET) status. 

The initial investigation did not impose different duty taptap点点 on Chinese exporters. In the review ruling, the European Union stopped its faulty practices and granted companies which are partly state-owned differentiated taptap点点, which came after China filed a claim against the European Union at the WTO for its Anti-Dumping Measures on Certain Iron or Steel Fasteners from China (DS397). This new policy enabled AllBright’s clients to win the lowest and second lowest duty taptap点点 – the lowest rate is more than 20 percentage points lower than average duty rate. The AllBright team also objected to the European Union’s attempt to raise the targeted profit margin to avoid raising the injury elimination level further and hence protected the legal interests of the industry. 

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