{"id":569790,"date":"2020-03-08T04:20:12","date_gmt":"2020-03-08T04:20:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/eu-imposes-tariffs-on-egyptian-exports-in-a-crossfire-with-china\/"},"modified":"2020-03-08T04:20:12","modified_gmt":"2020-03-08T04:20:12","slug":"eu-imposes-tariffs-on-egyptian-exports-in-a-crossfire-with-china","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/eu-imposes-tariffs-on-egyptian-exports-in-a-crossfire-with-china\/","title":{"rendered":"EU imposes tariffs on Egyptian exports in a crossfire with China"},"content":{"rendered":"

<\/a> European Union imposes tariffs on Egyptian exports to counter China subsidies:<\/strong> An EU tariff of 8.7% on Egyptian glass fiber reinforcements took effect yesterday as part of an attempt by the bloc to crack down on government-supported Chinese manufacturers, according to Bloomberg<\/a>. The move is meant to counter alleged subsidies to Jushi Egypt for Fiberglass Industry, a subsidiary of Chinese giant Jushi Group that had set up shop in the Suez Canal Economic Zone in 2012.<\/p>\n

Background:<\/strong> European glass-fiber manufacturers have claimed to have suffered \u201cmaterial injury\u201d<\/a> due to what they described as trade-distorting Egyptian government incentives for Jushi Egypt, including an exemption from value-added tax and import tariffs. Egypt\u2019s share of the European market for glass fiber reinforcements almost tripled to 14% between 2016 and 2018 while China\u2019s share fell to 5% from 8%.<\/p>\n","protected":false},"excerpt":{"rendered":"

European Union imposes tariffs on Egyptian exports to counter China subsidies: An EU tariff of 8.7% on Egyptian glass fiber reinforcements took effect yesterday as part of an attempt by the bloc to crack down on government-supported Chinese manufacturers, according to Bloomberg. The move is meant to counter alleged subsidies to Jushi Egypt for Fiberglass […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[116,309,72,7192,4452,10292,4602,131,4739,2380,7103,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569790","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-china","tag-customs","tag-enterpriseam","tag-eu","tag-exemption","tag-fiber","tag-jushi","tag-manufacturing","tag-reinforcement","tag-speed-round","tag-suez-canal","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"03b14304-17f2-420c-992c-5335aa37810e","is_powered_by":true,"section_story_id":"4542b484-16ef-42d8-b4ec-bea75b2c9049","story_type":"1","photo_url":"","photo_position":"above","related_issue":[569778],"teaser":"","voice_url":""},"yoast_head":"\nEU imposes tariffs on Egyptian exports in a crossfire with China - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/eu-imposes-tariffs-on-egyptian-exports-in-a-crossfire-with-china\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU imposes tariffs on Egyptian exports in a crossfire with China\" \/>\n<meta property=\"og:description\" content=\"European Union imposes tariffs on Egyptian exports to counter China subsidies: An EU tariff of 8.7% on Egyptian glass fiber reinforcements took effect yesterday as part of an attempt by the bloc to crack down on government-supported Chinese manufacturers, according to Bloomberg. The move is meant to counter alleged subsidies to Jushi Egypt for Fiberglass […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/eu-imposes-tariffs-on-egyptian-exports-in-a-crossfire-with-china\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-08T04:20:12+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/eu-imposes-tariffs-on-egyptian-exports-in-a-crossfire-with-china\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/eu-imposes-tariffs-on-egyptian-exports-in-a-crossfire-with-china\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EU imposes tariffs on Egyptian exports in a crossfire with China\",\"datePublished\":\"2020-03-08T04:20:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/eu-imposes-tariffs-on-egyptian-exports-in-a-crossfire-with-china\/\"},\"wordCount\":141,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"China\",\"customs\",\"EnterpriseAM\",\"EU\",\"Exemption\",\"Fiber\",\"Jushi\",\"Manufacturing\",\"Reinforcement\",\"SPEED ROUND\",\"Suez Canal\",\"Suez Canal Economic Zone\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/eu-imposes-tariffs-on-egyptian-exports-in-a-crossfire-with-china\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/eu-imposes-tariffs-on-egyptian-exports-in-a-crossfire-with-china\/\",\"name\":\"EU imposes tariffs on Egyptian exports in a crossfire with China - 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