Financial Times FT.com

Mandelson defies EU retailers on Asian shoe duties

By Raphael Minder in Brussels

Published: February 22 2006 19:26 | Last updated: February 23 2006 13:11

Peter Mandelson, the European Union’s trade commissioner, on Thursday defended a decision to introduce anti-dumping duties of almost 20 per cent on leather shoes from China and Vietnam.

“There is more than an adequate margin of comfort for importers and retailers to adjust to these duties without passing them on to consumers,” Mr Mandelson said, adding that the evidence over the past five years showed that EU retailers had not transferred the benefits of lower Asian production costs to the high street.

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