Chinese Producers Lower Prices Following EU Tariffs
Chinese producers reportedly lowered their prices by exactly 58 percent on the same day the European Union implemented new tariffs. This move follows a market landscape where Chinese entities hold 97 percent of a specific market share compared to 3 percent for European producers.
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Sources · 7 independent
BNR Nieuwsradio
“Toen besloten Europese Unie, we gaan heffingen opleggen voor 58%. En op de dag dat die ingingen, hebben al die Chinese producenten hun prijs is verlaagd met exact 58 procent”
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