Europe to Keep Tariffs on Light Bulbs – Stephen Castle

Europe will decide whether or not to lift the tariff on Chinese light bulbs, deciding to meet the demand for more energy-saving bulbs at the cost of European manufacturing jobs.

From the International Herald Tribune:

European plans to lift tariffs on energy-saving light bulbs from China were put off for a year Wednesday as fears of Continental job losses prompted a protectionist backlash against Europe’s top trade official, Peter Mandelson.

A split inside the European Commission led Mandelson to abandon proposals to end the duties of up to 66 percent this year in favor of a pledge to scrap the tariffs in 2008.[Full Text]

[Image: Light bulb, from Knut, via Flickr.]

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