Hours after it was announced the EU would extend tariffs applied to shoes imported from China for another 15 months, Beijing announced new anti-dumping tariffs on carbon-steel fasteners from the EU, state media reported. Starting December 28, steel fastener imports from the EU will pay tariffs between 16.8 -24.6% the Ministry of Commerce stated in an online announcement. The EU has already imposed five years of anti-dumping tariffs of up to 87% on steel fasteners imported from China earlier this year, at the same time the US launched an anti-dumping and anti-subsidy investigation into imports of Chinese carbon-steel fasteners. China exports 50% its steel fastener production annually so domestic industries have been particularly hard hit. The UK joined China in protesting the latest round of tariff-slapping. UK Business Secretary Peter Mandelson said: "I hope the EU will in the future see the importance of turning its back on protectionism."