Introduction of Retroactive Duties: A Step Backwards

09-08-2016

On 4 August, the Commission imposed definitive anti-dumping measures on Chinese and Russian cold rolled flat steel for the next five years. Anti-dumping duties, when imposed by the EU, have always been applied prospectively. 

Following this decision, Christian Ewert, FTA Director General said “I am disappointed that the Commission appears to have given in to pressure from EU producers. Imposing anti-dumping duties retroactively does not benefit those calling for duties any more than imposing duties prospectively in the normal way. It only serves to punish importers, by causing greater uncertainty and financial damage.”

FTA is concerned that the introduction of retroactive duties against cold rolled flat steel sets a dangerous precedent and has called for assurances that such examples will not become the norm.

For more information, read the full press release and the FTA statement

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