EU Extends Anti-Dumping Tariffs

The European Union, ignoring an earlier vote by an EU trade panel to abolish the duties, extended on Tuesday anti-dumping tariffs on leather shoes made in China and Vietnam for another 15 months.

The duties had been scheduled to expire on Jan. 3.

The tariffs add a 16.5 percent tax to shoes made in China and a 10 percent tax to Vietnamese-made shoes sold in Europe.

European shoe manufacturers have long alleged that Asian countries compete in the shoe market by unfairly manipulating their currencies to artificially lower production costs.

The EU first implemented a two-year tariff on shoes made in China and Vietnam in 2006.

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