Chinese officials say the latest round of tariff increases in Europe have essentially closed off the European market to Chinese businesses.

On September 15, the EU placed tariffs on Chinese flooring tile, as high as 69.7%!  This will directly affect more than 1,000 Chinese businesses!

Chinese officials say the Europeans are raising their tariff rates to protect European tile makers, who’ve seen a 40% drop in sales since the debt crisis began.  Europeans says it’s to make up for ‘dumping’ of Chinese products on European markets.