China launches anti-dumping probe into EU dairy imports

Published 2024년 9월 6일

Tridge summary

China has initiated an anti-dumping investigation into dairy imports from the EU, in response to the EU's revision of tariffs on Chinese-made electric vehicles. The investigation, focusing on dairy products such as cheese, cream, and processed cheese, could significantly impact exporting countries like Ireland. However, economic experts suggest that the impact on EU exports would be minimal, and the decision may favor competitors like Canada, the US, Australia, and New Zealand. The outcome of the investigation is expected to affect the pricing of various dairy products, with potential price hikes making some European products less competitive.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China has launched an anti-dumping investigation into EU dairy imports, a day after the EU revised tariffs on Chinese-made electric vehicles. In August, the EU cut punitive duties on Chinese-made electric vehicles from 37.6% to 36.3%. Beijing had previously called on Brussels to abolish the duties entirely. The EU Chamber of Commerce in China commented on the situation: “Unfortunately, the use of trade defence instruments by a government of one of the counterparties is increasingly provoking a counter-reaction from the government of the country against which such instruments are applied. Therefore, given that the European Commission has made public the results of its investigation into Chinese-made electric vehicles, China’s decision to launch an anti-dumping investigation is not unexpected. The Chamber of Commerce will monitor the progress of the investigation and hopes that it will be impartial and transparent. We expect our companies affected by this investigation to fully ...
Source: Milknews

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