The UK's Trade Remedies Authority (TRA) has launched a transition review concerning aluminium foil imports from China. This follows a 2013 ruling during the UK's EU membership, where the European Union identified instances of dumping by Chinese producers and imposed anti-dumping measures. Post-Brexit, these measures were incorporated into UK law. The TRA's current review will evaluate the necessity of maintaining these measures to ensure fair competition for UK producers.
Aluminium foil, extensively used in the food industry, hair, and beauty sectors, had import values exceeding £77 million in 2023. The current import tariff on Chinese aluminium foil stands at 35.6%. A 2019 review by the EU reaffirmed the need for these measures. The TRA, now responsible for such investigations post-Brexit, aims to determine whether these measures are appropriate for the UK's independent trade landscape.
The TRA investigates potential trade remedies to counteract unfair import practices and unexpected surges in imports. Until the UK's departure from the EU, the EU Commission handled these investigations for the UK. Several EU trade remedy measures relevant to UK producers have since been transitioned into UK law, and the TRA is actively reviewing them for suitability under the UK's specific needs. Anti-dumping duties empower countries to address goods sold below their normal value, which is defined as the price of similar goods in the exporter’s domestic market.
This review by the TRA signifies a crucial step in safeguarding the interests of UK aluminium producers. Ensuring fair competition is vital for the industry's sustainability and growth. The outcome of this review will determine the future trajectory of aluminium foil imports and the competitiveness of UK manufacturers in the global market.
Responses
