A report presented on Wednesday by the Danish Ministry of Economics and consulting firm, Copenhagen Economics has suggested that the EU's anti-dumping policy is harming the European economy.
According to the study, the number of anti-dumping probes and countermeasures put in place so far this year represents a sharp increase on previous years, with 17 anti-dumping investigations launched and 14 measures taken, compared with just 24 in 2003 and 2004 combined.
The actions reportedly show a heavy bias against Chinese exports, with shoes and plastic bags particularly targeted.
Presenting the report at the Centre for European Policy Studies, Copenhagen Economics partner, Martin Hvidt-Thelle revealed that four particular cases had been studied, namely anti-dumping disputes over bed-linen, fertiliser, salmon and TV sets.
He revealed that in each case, the tariffs imposed had ended up costing consumers in the European Union more than they had benefited the EU-based producers of the products in question, resulting in a net economic loss for the community.
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