The Government has today announced that it will begin
reviewing 43 EU trade remedy measures, which were deemed
important to UK industries and should be maintained,
following a Call to Evidence last year. This will be
carried out by the Trade Remedies Investigations
Directorate (TRID).
Trade remedies will be overseen by a new Trade Remedies
Authority that will soon be established to protect UK
businesses from injury caused by unfair trading practices,
such as dumping and subsidies and unforeseen surges in
imports after we leave the EU.
Examples of those trade remedy measures that will be
reviewed by TRID following the Call for Evidence include:
- anti-dumping duties of up to 36.1% on imports of
ceramic kitchen and tableware from China;
- anti-dumping and anti-subsidy duties of up to €62 per
tyre on imports of bus and lorry tyres from China; and
- anti-dumping duties of up to 35.6% on imports of
aluminium foil in small rolls.
TRID They will invite industry and stakeholders to
participate in the process, including international
exporters.
Simon Walker CBE has today been announced as
Chair-Designate of the TRA and is expected to take up the
position in early March.
Trade Remedies Authority Chair-Designate Simon Walker said:
I am very pleased to be taking up the Chair of the Trade
Remedies Authority. Britain’s economic future will be
determined by the ability of UK businesses to compete
vigorously in international marketplaces.
Maintaining the interests of consumers while ensuring
that producers are not handicapped by dumping and other
unfair practices is going to be a vital balance as
Britain embarks upon an independent trading regime.
