EU Panel Bumps Tariffs On Chinese Aluminum Wheels

Law360, New York (September 14, 2010, 4:50 PM EDT) -- A European Union trade committee agreed Tuesday to raise tariffs from 20.6 percent to 22.3 percent on billions of dollars' worth of aluminum wheels imported from China in a high-profile decision that has the potential to raise tensions between the trading partners.

Reports of the decision, which, if ratified by the EU's member states, would ratchet up a rate established in May, trickled from a closed-door meeting in Brussels and drew speculation that some kind of countermeasure from China — whether in the form of a...
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