China fiberglass to face higher EU tariffs

BRUSSELS (Reuters) - EU plans for a higher tax on fiberglass imports from China look set to pass into law next month despite concerns the tariffs will limit supply of the lightweight material, used in wind turbines, cars and ships.

BRUSSELS (Reuters) - EU plans for a higher tax on fiberglass imports from China look set to pass into law next month despite concerns the tariffs will limit supply of the lightweight material, used in wind turbines, cars and ships.

A proposal by the European Commission, the European Union's executive, to impose an extra 43.6 percent tariff from September 16 won support from seven of the EU's 27 states in a vote on Thursday, with 12 opposed and 8 abstaining, EU diplomats told Reuters.

Under EU law, an abstention counts as a vote in favor of a proposal, resulting in a final tally of 15 for and 12 against.

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