China gets tougher: It launched an investigation into dairy products from the EU

Published 2024년 8월 23일

Tridge summary

The European Commission has released the final results of its investigation into electric vehicles from China, leading China to launch an anti-subsidy investigation, particularly targeting dairy products such as cheese, cream, and bulk cheeses. Dutch dairy cooperative FrieslandCampina, along with other affected member companies, will cooperate with the investigation. The tariffs, expected to affect mainly butter, milk, powdered milk, cream, and common types of cheese, could potentially block all dairy trade if they are significantly high, although it would have a minor impact on EU exports to China, which are around €1.7 billion.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

And Beijing urged Brussels to abandon the tariffs: So given that the European Commission has released the final results of its investigation into electric vehicles from China, China's decision to launch an anti-subsidy investigation was not surprising. The Chamber will monitor the investigation, and we expect our affected member companies to cooperate with the investigation to the fullest extent possible. The Dutch dairy cooperative FrieslandCampina announced that they are aware of the announcement of the anti-subsidy investigation by the Chinese Ministry of Commerce, and emphasized that the information necessary for the investigation will be provided, if requested, in accordance with legal and regulatory requirements, reports Reuters. According to Tadhg Buckley, political director and chief economist of the Irish Farmers' Association, the country's largest agricultural lobby group, the Chinese authorities are mainly investigating cheese, cream and other bulk cheeses, blue ...
Source: Agronaplo

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