Trade clash between China and Europe, EU cheeses in the crosshairs due to the electric car

Published 2024년 8월 21일

Tridge summary

Beijing has initiated an investigation into subsidies for European dairy products, including those from France, in response to the EU's duties on electric cars. This action follows an ongoing dispute at the World Trade Organization and a similar investigation into EU pork exports. The dairy investigation, requested by Chinese industry groups, could lead to tariffs and is expected to take up to a year to conclude. The EU has pledged to defend its dairy industry and has also investigated producers of wind turbines and solar panels, and temporarily imposed anti-dumping duties on Chinese biofuels.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Beijing is also targeting European cheeses in the clash over electric cars: this is the new reaction to Brussels' duties, against which China has already opened proceedings at the World Trade Organization (WTO). The race for energy transition is taking on increasingly conflictual tones: after the avalanche of subsidies provided by the US, EU and China to finance their producers, often in conflict with global trade rules, we have already moved on to customs tariffs, which are almost automatically followed by retaliatory mechanisms. On August 21, one day after the confirmation of EU duties on electric cars, Beijing announced an investigation into subsidies for dairy products imported from the Union. In mid-June, an anti-dumping investigation into EU pork exports had already been announced. The dairy investigation, requested by Chinese industry groups on July 29, will examine 20 subsidy programs, some of which fall under the EU’s Common Agricultural Policy and others available to the ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.