China has introduced temporary anti-dumping duties on pork imports from the European Union, with rates reaching as high as 62.4 per cent. The move is widely viewed as a response to the EU's tariffs on Chinese electric vehicles, reports London's Financial Times.
The commerce ministry in Beijing said its year-long investigation found preliminary evidence that EU pork and pork products were being dumped on the Chinese market, causing significant damage to domestic producers. The temporary duties range from 15.6 per cent to 62.4 per cent.
The European agricultural sector warned last year that the probe would disproportionately affect farmers in Spain, the Netherlands, Denmark, Germany and Belgium. These countries are among the EU's largest pork exporters to China.
The investigation was launched in June last year, shortly after Brussels raised tariffs on certain Chinese electric vehicle manufacturers by up to 45 per cent. That move formed part of an anti-subsidy inquiry targeting Beijing's support for its EV industry.
Analysts say the pork duties reflect escalating trade tensions between china and the EU, with both sides using tariffs to pressure each other over industrial policy and market access.
SeaNews Turkey
The commerce ministry in Beijing said its year-long investigation found preliminary evidence that EU pork and pork products were being dumped on the Chinese market, causing significant damage to domestic producers. The temporary duties range from 15.6 per cent to 62.4 per cent.
The European agricultural sector warned last year that the probe would disproportionately affect farmers in Spain, the Netherlands, Denmark, Germany and Belgium. These countries are among the EU's largest pork exporters to China.
The investigation was launched in June last year, shortly after Brussels raised tariffs on certain Chinese electric vehicle manufacturers by up to 45 per cent. That move formed part of an anti-subsidy inquiry targeting Beijing's support for its EV industry.
Analysts say the pork duties reflect escalating trade tensions between china and the EU, with both sides using tariffs to pressure each other over industrial policy and market access.
SeaNews Turkey
