China and Catalonia, the two main contenders in a pork war to be fought

Published Jun 23, 2024

Tridge summary

China has initiated an 'anti-dumping' investigation into pork imports from the European Union, with a particular focus on Spain and Catalonia, its largest suppliers, accounting for 20.3% and 13.7% of the total exports respectively. This move could escalate into a trade war, potentially affecting the pork sectors in both regions. Spain, the world's second-largest pork exporter after the US, is bracing for tariffs that could disrupt its trade dynamics with other countries like France, Italy, Japan, Portugal, and the Philippines. The investigation follows the EU's decision to increase tariffs on electric cars imported from China.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pork producers and industrialists are still digesting the threat that came upon them a week ago when the Chinese authorities decided to open an "anti-dumping" investigation into pork China, the main destination for Spanish pork sales, and Catalonia, the Spanish power. Without discussion in this type of livestock farming, they are the two major contenders in a trade war that will be fought a year from now with tariffs as a weapon thrown between the EU and the Asian giant. Pork producers and industrialists are still digesting the threat that came upon them a week ago when the Chinese authorities, taking up the gauntlet of some of their companies, decided to open an "antidumping" investigation into pork from the European Union, whose main supplier is Spain. All, according to common analysts, due to the announcement made by the European Union to raise tariffs on electric cars arriving from that part of the world. The tension for the pork sector is normal (although the Iberian ham and ...

Source: PEefeagro