EU Approves Two-Year Import Duties on Shoes From China, Vietnam - by Warren Giles
Italy and Spain dealt a blow to free- trade advocates Sweden and the U.K. by winning European Union governments' agreement for customs duties on some Chinese and Vietnamese leather shoe imports. A majority of representatives from the EU's 25 governments today backed a compromise plan to impose tariffs on the imports for two years, an EU spokesman said. Anti-dumping duties are usually approved for five years.
``It's a huge disappointment for all proponents of free trade,'' said Alisdair Gray, director of the British Retail Consortium in Brussels, which represents companies including Timberland Co. and C&J Clark Ltd. ``This won't save a single job in Europe, nor will it stop manufacturing jobs shifting to China.''
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