European manufacturers urged to fight against surging imports
British and European manufacturers are being urged to consider the use of European Union (EU) trading rules, which may be able to halt the effects of surging imports, in particular subsidised or dumped trading.
London-based law firm, King and Spalding International LLP, says that many companies are unaware of the laws and regulations in place to protect them. The company says that under certain circumstances, World Trade Organisation (WTO) ‘trade remedy’ rules give the European Commission (EC) the right to redress the damaging consequences of surging imports.