The European Commission has today notified the World Trade Organisation (WTO) of its findings in the safeguard investigation on certain steel products. Based on these, the Commission intends to impose definitive measures to replace the provisional measures in place since July 2018.
The Finance Ministry has imposed a definitive anti-dumping duty on ‘methylene chloride’— a chemical used in the manufacture of pharmaceuticals, agro and fragrance chemicals — from the US and European Union.
The European Commission's proposal of definitive safeguard measures on steel imports was met with "regret" Friday by the European Automobile Manufacturers' Association (ACEA), which said the proposal would not consider the need of the automotive sector.
Commerce ministry’s Directorate General of Trade Remedies (DGTR) has recommended anti-dumping duty on a chemical used in paint and printing industries, imported from Brazil, Indonesia, and Thailand for a period of five years.
The European Commission on Friday pressed ahead with protective steel tariffs aimed at shielding European manufacturers against a surge in imports from around the world, due in part to metals tariffs imposed by the United States.
After concluding its anti-dumping probe, DGTR has said 'there is no causal link between the dumped imports' from these countries and 'injury to the domestic industry'.
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