Financial Times FT.com

China and Vietnam face EU tariffs on bikes

By Steve Johnson in London and Raphael Minder in Brussels

Published: June 10 2005 05:20 | Last updated: June 10 2005 05:20

The European Union is expected to levy next month swingeing anti-dumping tariffs on bicycle imports from China and Vietnam in an attempt to put the brake on cheap imports.

European manufacturers claim imports from Vietnam have risen from 150,000 five years ago to 1.5m in 2004, while China exported up to 2m bicycles to the the EU last year, despite a tariff of 30.6 per cent already in place.

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