Olay Gazete Turkish Newspaper in London
  • İNGİLTERE GÜNDEMİ
  • EKONOMİ
  • TİCARET
  • YAŞAM/SAĞLIK
  • KÜLTÜR/SANAT
  • EĞLENCE/TATİL
  • WEBTV
  • MODA/TASARIM
  • SPOR
  • İNGİLTERE GÜNDEMİ
  • EKONOMİ
  • TİCARET
  • YAŞAM/SAĞLIK
  • KÜLTÜR/SANAT
  • EĞLENCE/TATİL
  • WEBTV
  • MODA/TASARIM
  • SPOR
No Result
View All Result
Olay Gazete Turkish Newspaper in London
  • ENFIELD
  • HACKNEY
  • HARINGEY
  • ISLINGTON
  • GÜNEY LONDRA
  • KIBRIS KKTC

Temporary duties imposed on engine oils and hydraulic fluids

17/04/2025
17 Nisan 2025

The Government  has accepted the TRA’s recommendation to impose provisional duties on imports of engine oils and hydraulic fluids from Lithuania and the UAE.

The Secretary of State for Business and Trade has on 16/04/2025 accepted the Trade Remedies Authority (TRA)’s recommendation to impose provisional anti-dumping duties on imports of engine oils and hydraulic fluids from Lithuania and the United Arab Emirates (UAE), following evidence of dumping that has caused injury to UK industry. These measures will be in effect for a period of up to six months.

A Provisional Affirmative Determination (PAD) allows temporary duties to be imposed while a full investigation is completed.

The investigation, which was initiated in June 2024, found on a preliminary basis that UK producers were being undercut by an average of 37% of UK sales prices, causing material injury to domestic industry. The TRA’s investigation followed an application from UK manufacturer Aztec Oils Ltd.

The investigation covers certain engine oils and hydraulic fluids, including passenger car motor oils, heavy-duty commercial vehicle oils, and hydraulic oils.

In its Provisional Affirmative Determination, the TRA has recommended provisional duties ranging from 11.60% to 24.95% for individual participating companies and countrywide rates of 49.59% for Lithuania and 59.40% for the UAE.

UK producers are expected to benefit from these measures by between £5 million and £55 million, depending on their ability to adjust prices in response to the duties.

The TRA will continue its full investigation while these provisional measures are in place.

Notes:

  • The Trade Remedies Authority is the independent UK body that investigates whether new trade remedy measures are needed to counter unfair import practices and unforeseen surges of imports.
  • The TRA is an arm’s length body of the Department for Business and Trade.
  • Anti-dumping duties allow a country or union to act against goods which are being sold at less than their normal value – this is defined as the price for ‘like goods’ sold in the exporter’s home market.
  • The period of investigation is from 1 April 2023 to 21 March 2024.

 

source: GOV

Previous Post

Gold rallies to new record on trade

Next Post

Families across the South of England will soon benefit from hundreds of new homes

Related Posts

Guardiola endişeli: 9 yıldır hiç böyle olmamıştı
News in English

Strong foundations, secure future: a budget that delivers on the country’s priorities

by Melis Yahsi
27/11/2025
New advice to help you choose a business rates agent
News in English

Budget 2025 fact sheet: Tax support for businesses

by Melis Yahsi
27/11/2025
Bitcoin consolidates with regulatory advances in the US
Borsa

Bitcoin regains ground, boosted by expectations

by Melis Yahsi
27/11/2025
Gold prices rebounded after steep weekly decline
Borsa

Gold maintains its uptrend

by Melis Yahsi
27/11/2025
SLC öğrenci kredileri faiz oranları ve geri ödeme eşiklerini açıkladı
News in English

Student loans interest and repayment threshold

by Melis Yahsi
27/11/2025
Next Post
Families across the South of England will soon benefit from hundreds of new homes

Families across the South of England will soon benefit from hundreds of new homes

Adres: 100 Green Lanes, Newington Green, Hackney, London, N16 9EH Telefon: 020 3745 1261
020 7923 9090
Email: info@olaygazete.co.uk
seriilanlar@olaygazete.co.uk
100 Green Lanes, Newington Green, Hackney, London, N16 9EH 020 3745 1261 - 020 7923 9090 info@olaygazete.co.uk - seriilanlar@olaygazete.co.uk
Translate:
tr Türkçe
ar العربيةen Englishde Deutschel Ελληνικάiw עִבְרִיתru Русскийtr Türkçeuk Українська
Back

Kategoriler

  • İngiltere Gündemi
  • Sağlık – Yaşam
  • Londra ve Belediyeler
  • Kültür – Sanat
  • Toplum Haberleri
  • Moda – Tasarım
  • Ekonomi
  • Olay Web Tv
  • Köşe Yazıları
  • Spor Gündemi
No Result
View All Result

T&CsTs&Cs

  • Classifieds Advertising
  • Payments

Site Links

  • Site T&Cs
  • Archives
  • Contact us
Site T&Cs - Archives - Contact us
Mobil Uygulamalar Olay Gazete Mobil Uygulamaları
Sosyal Medya
Olay Sosyal Medya

No Result
View All Result
  • KATEGORİLER
  • Seri İlanlar
  • Toplum Haberleri
  • İngiltere Gündemi
  • Ekonomi
  • Ticaret
  • Spor Gündemi
  • Yaşam – Sağlık
  • Kültür – Sanat
  • Moda – Tasarım
  • Eğlence – Tatil
  • KKTC EMLAK
  • KKTC TATIL
  • Video – WebTV
  • Köşe Yazarları