The EU has triggered a trade dispute against cheap shoe imports from Asia, citing "compelling evidence" of China and Vietnam illegally subsidising footwear sold in Europe last year.
The move could lead to tariffs on imports from the two countries, starting on 7 April, in a bid to protect the European shoe industry.
The European Commission argues that Beijing and Hanoi supported the shoe producers through various tax breaks, cheap loans and land rents and other trade-distorting mea...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login