EU proposes anti-dumping tariffs on Asian shoes

The European Union’s trade chief proposed protective duties of up to almost 20% on imports of leather shoes from China and Vietnam today after finding “compelling” evidence that the nations are unfairly dumping footwear on European markets.

Trade Commissioner Peter Mandelson recommended phasing in 19.4% antidumping duties on Chinese shoes and 16.8% on Vietnamese footwear over six months.