IB Economics IA Commentary. Title of Extract: EU imposes dumping tariffs on Chinese tile-makers

The first 200 words of this essay...

International Baccalaureate Internal Assessment:

Economics Commentary 3

Candidate Name:

Candidate Number:

Date of Commentary: April 6, 2011

Word Count: 746

Pertaining Section of IB Economics Syllabus: 4 (International Economies)

Title of Extract: "EU imposes dumping tariffs on Chinese tile-makers"

Source: Internet - European Voice Online

http://www.europeanvoice.com/article/2011/march/eu-imposes-dumping-tariffs-on-chinese-tile-makers/70590.aspx

Date of Extract Publication: March 13, 2011

EU imposes dumping tariffs on Chinese tile-makers

By Ian Wishart

17.03.2011 / 15:52 CET

Provisional duties of up to 73% to protect EU market.

The European Commission has imposed provisional anti-dumping duties on imports of ceramic tiles from China.

The move comes following an investigation initiated after a complaint lodged by the European Ceramic Tile Manufacturers' Federation (CET) on behalf of 69 tile producers in the EU, the Commission said.

The duties range between 26.2% and 73% depending on the company and last for six months. They could be prolonged for five years and are intended to punish tile manufacturers from China who sell tiles below cost-price in the EU.

Alfonso Panzani, the president of the CET, said that the duties were not intended to