Anti-Dumping vote looms…..Ikea among those watching with interest

27th March | imports | The European Commission will vote on possible tariffs for anti-dumping duties on Chinese made goods next month. The vote relates to Chinese made candles, but retailers will watch with interest to see if there is an appetite for broadening the number of products that could be considered for import duties.

When provisional duties were imposed back in November, furniture retailer Ikea and supermarket Tesco were among those to express concerns. Chinese made candles account for almost half of all European sales. It has been reported that tariffs of up to 60% could be imposed when the panel meets on April 7.