Tag: European Union
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EU may impose duties on Indian stainless fasteners
The European Union has revived a threat to impose tariffs on screws and bolts from India, citing that EU producers may be victims of subsidies and price undercutting. The EU launched an investigation into whether Indian manufacturers of stainless steel fasteners receive trade distorting government aid and sell the goods in the 27 nation bloc below cost, a practice referred to as dumping.