EU Imposes CVD on Fiber-Optic Cables From India

The European Commission on June 11 imposed countervailing duties ranging from 3.7% to 8.1% on fiber-optic cables from India. The commission said the duties were imposed following an anti-subsidy investigation that found that Indian exports are harming the EU industry. The duties come in addition to antidumping duties on the same products and AD/CVD on Chinese fiber-optic cables.