TRA recommendation for new duties on Chinese excavators accepted
The Secretary of State for Business and Trade has accepted the TRA’s recommendation to impose new anti-dumping and countervailing measures on imports of excavators from China to the UK. The anti-dumping duties range from 18.81% for a sampled exporter to 40.08% for the residual rate; while the countervailing duties range from 0% to 2.98%. The TRA has estimated that the measures could benefit UK excavator producers by up to £26 million per year. The measures will be imposed on imports of excavators from China weighing 11 tonnes or more, but less than 80 tonnes as the TRA found that there is no UK industry for the production of excavators weighing 80 tonnes or above. The TRA has therefore determined that the UK industry would not be injured by these products.
Kaynak: Evrim
