The European Union has significantly reduced the anti-dumping duty on glass fiber from China since March

The European Commission imposed a temporary anti-dumping tariff of 43.6% on glass fibre made in China last year. Recently, according to EU diplomatic sources, when the five-year glass fiber anti-dumping duty is implemented in mid-March, the tax rate will be significantly reduced to less than 14%. Member countries will also vote on glass fiber anti-dumping duties next week.

According to EU diplomats, the plan to substantially reduce the glass fiber tax rate is to respond to concerns that if higher tax rates are imposed, China will reduce the supply of glass fiber.

According to the disclosure, the European Union lowered the tariffs because the data showed that Chinese exporters were selling glass fiber cheaply. They were not as serious as they initially thought, and caused less damage to their European counterparts. They therefore planned to reduce the production of glass fiber in China. Tariffs.