European dairy and pork producers wary of Chinese retaliation for EV tariffs

Global food companies from dairy producers to pork exporters are on high alert for potential retaliatory tariffs from China after the European Union's decision on Wednesday to impose anti-subsidy duties on Chinese-made electric vehicles (EVs), reported Reuters. China's state media have reported that domestic companies are preparing to request investigations into some EU dairy and pork imports over anti-subsidy or anti-dumping concerns, moves that could result in lengthy trade suspensions. Chinese firms reserve the right to submit applications to prompt anti-subsidy and anti-dumping inquiries into European dairy and pork imports, its commerce ministry said on Thursday when asked whether Chinese industry groups were lobbying it to do so. "Chinese domestic industries have the right to file applications for investigations to safeguard the order of normal market competition and their legitimate rights and interests," ministry spokesperson He Yadong said. "If you have additional trade ...