Saturday, January 15, 2011
Change to EU taxes on Chinese Footwear
The European Confederation of the Footwear Industry (CESHOE ) represents shoemakers in Brussels has lost the support of EU governments to continue with high import taxes on shoes from the far east (i.e.16.5% for China and 10% for Vietnam). The import taxes were introduced after European manufacturers accused Chinese and Vietnamese rivals of illegally dumping millions of shoes on European markets at low prices. These are now set to expire in April.