Duties, China on the counterattack: here are Beijing’s retaliations against the EU
The War of the duties Between Europe And China continues. After the EU’s decision to tax electric cars from Beijingwith duties up to 38.1%it arrived China’s response. The Dragon has launched an anti-dumping investigation into the import of pork meat and its by-products from the Union. A retaliation was expected, after the protectionist turn announced on 12 June by Brussels, which now – reports Il Corriere della Sera – you have 20 days to submit “opinions” on the matter to the Chinese Ministry of Commerce. The investigation, formally requested by the China Animal Hubbandry Association on behalf of the national pig industrywill focus on pork intended for human consumption, such as fresh, cold and frozen whole cuts, as well as pig intestines, bladders and stomachs, and it will last one year Beijing reports.
Europe – continues Il Corriere – sold more than half of the approximately $6 billion in imported pork from China in 2023, according to customs data. The country most affected by any tariffs would be Spainwhich last year was the largest exporter, with approximately 23% of the total for a value of 1.5 billion dollars, and which immediately made it known that it was ready to cooperate to avoid tariffs. They follow Holland (559 million dollars in exports), Denmark (556.1 million) e France (358.2 million).
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