European Commission Finds that Chinese Subsidies to Indonesian Producer are Countervailable

In a decision today, the European Commission imposed definitive anti-subsidy duties on imports of stainless steel cold-rolled flat products originating in India and Indonesia at a rate of 7.5% for India and 21% for Indonesia. As part of the investigation related to Indonesia, the European Commission continued its practice of treating subsidies from China as countervailable as "third country" subsidies provided to products from another country. This piece summarizes the background of the case, the arguments from the Chinese government, and the Commission's reasoning.