China imposes provisional tariffs of up to 42.7% on some EU dairy products

The Ministry of Commerce of China announced this Monday the imposition of provisional tariffs ranging from 21.9 to 42.7% on imports of certain dairy products from the European Union, after preliminarily concluding that these receive subsidies and have caused "substantial damage" to the Chinese dairy industry. The measures, which will come into effect this Tuesday, will be applied in the form of security deposits that importers must provide to Chinese customs based on the customs value of the goods and the percentage set for each European exporting company. The announcement comes amid trade tensions between China and the European Union, after Beijing recently imposed tariffs of up to 19.8% on imports of certain pork products from the Twenty-Seven, which is seen as a retaliation for Brussels' tariffs on its electric vehicles. The anti-subsidy investigation on European dairy products was initiated in August 2024 at the request of the China Dairy Industry Association and the China ...