EU dairy companies react to China's anti-subsidy probe on dairy imports

China launched an anti-subsidy investigation into dairy imports from the European Union a day after the bloc's revised tariff plan for China-made electric vehicles, reported Reuters. Wednesday's inquiry targeting cheese, milk and cream meant for human consumption came after the EU amended proposed punitive duties on Chinese EV imports to 36.3% from an initial 37.6%. Beijing had urged Brussels to abandon the tariffs. "Regrettably, the use of trade defence instruments by one government is increasingly being responded to seemingly in kind by the recipient government. "Therefore, in view of the European Commission disclosing the definitive findings of its probe into EVs from China, China's decision to launch an anti-subsidy probe should not be considered a surprise. "The chamber will be monitoring the investigation and hopes it will be conducted fairly and transparently. We expect our affected member companies to co-operate to the fullest with the investigation." Dutch dairy ...