The European Commission has ruled that glass fiber fabric imports from Egypt have been sold below cost as the factories effectively received subsidies as part of China’s Belt-and-Road initiative. That’s an innovative use of trade law and may provide routes both to increased EU-U.S. cooperation as well as giving the U.S. a new tool to tackle China in their ongoing trade rivalry. The case itself is relatively small with China and Egypt representing just 28.5% and 3.3% of EU imports respectively of the product in the 12 months to March 31. The fiber fabrics covered are used in part in the m...