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Will the EU extend anti-dumping duties on Chinese biodiesel imports by August 2025?
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Official announcements from the European Union or relevant trade bodies
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EU Imposes 12.8%-36.4% Duties on Chinese Biodiesel, Affecting Over 40 Companies
Aug 18, 2024, 05:26 AM
The European Union is set to impose provisional anti-dumping duties ranging from 12.8% to 36.4% on Chinese biodiesel imports starting Friday. This move targets over 40 Chinese companies and is part of the EU's broader protectionist measures against Chinese products. The decision is likely to escalate tensions between China and the EU, as Chinese biodiesel producers are now seeking alternative markets due to the hefty tariffs. The imposition of these duties reflects ongoing trade disputes and the EU's efforts to protect its domestic industries from what it perceives as unfair competition.
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