EU Touts Its AD/CVD Measures for 2020
The European Union's use of trade defense measures in 2020, including antidumping and countervailing duties, succeeded despite COVID-19-related challenges, the European Commission said in a post highlighting its actions against unfair trade practices of the past year. The EU noted…
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its temporary changes to regular practices, such as on-site verification visits. The commission also released statistics regarding its trade remedies. In all, the EU had 150 trade defense measures at the end of 2020, 10 more than in 2019, that included 128 antidumping measures, 19 antisubsidy duties and three safeguard measures. Ninety-nine of the 150 were imposed on China, nine on Russia, seven on India and six on the U.S. The commission also highlighted its new countervailing duties on cross-border financial support given by China to Chinese-owned companies making glass fiber fabrics and continuous filament glass fiber made in Egypt for export to the EU.