China slaps initial duties on EU pork imports
China's provisional duties target EU pork imports worth over $2 billion, affecting major producers and escalating trade tensions linked to EU tariffs on Chinese electric vehicles.
- China imposed preliminary anti-dumping duties of up to 62.4% on certain EU pork imports, starting September 10, as part of a trade dispute linked to EU tariffs on Chinese electric vehicles.
- The Ministry of Commerce found evidence that imports were damaging local industry, leading to these duties ranging from 15.6% to 62.4%.
- The investigation, ongoing since June 2024, is expected to impact over US$2 billion in pork exports from major producers like Spain and the Netherlands.
- The Ministry of Commerce expressed a willingness to resolve trade issues with the EU through dialogue, but analysts see slim chances of a deal regarding electric vehicle tariffs.
94 Articles
94 Articles
The EU fears cheap electric cars from China, the People's Republic imposes tariffs on wine brandy and now also pigmeat from Europe. Brussels strongly criticizes the expansion, but Beijing is already threatening new increases.
China announced today that it is imposing temporary tariffs ranging from 15.6 to 62.4 percent on pork imports from the European Union (EU) to combat dumping, deepening the two sides' trade dispute.
Starting next week, European pork suppliers will have to pay import duties of up to 60 percent in China. Dutch companies will also be affected.
These rights, between 15.6% and 62.4%, will come into force on September 10.
China to impose temporary duties on EU pork over ‘dumping’
By Peter Catterall China said Friday it would impose temporary anti-dumping duties on European Union pork imports, delivering another blow to shaky ties between the economic powerhouses as Brussels vowed to protect its producers. A meat counter in a supermarket in Barcelona, Spain. Photo: Federico Arnaboldi, via Pexels. The two sides have navigated a challenging relationship in recent years, complicated greatly by Russia’s 2022 invasion of Ukrai…
Coverage Details
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium