The European Union removed provisional tariffs as high as 16.5 percent on screws and bolts from India, saying Indian subsidies didn’t cause injury to EU producers such as Italy’s Bontempi Vibo SpA.
The EU closed a probe into whether Indian manufacturers of stainless-steel fasteners received trade-distorting government aid, a step that also ends the threat of five-year European anti-subsidy levies. (…)
via European Union Ends Anti-Subsidy Duties on Indian Screw Makers – Bloomberg.