The EU has warned China that it faces new anti-dumping tariffs on steel, amid growing pressure for the west to block Beijing’s bid for “market economy status” and greater access to world markets.
Speaking ahead of the G7 summit in Japan, European Commission president Jean-Claude Juncker declared: “If somebody distorts the market, Europe cannot be defenceless.”
The issue of Chinese steel exports will be discussed by G7 leaders on Thursday against the backdrop of a steel crisis in many western countries, including Britain where efforts are under way to save Tata Steel’s UK operations.
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