China is investigating anti-dumping of pork imported from the EU

Published 2024년 6월 18일

Tridge summary

The EU and China are facing escalating trade tensions, with the EU set to impose a tax of up to 38% on Chinese electric car imports starting next July. In retaliation, China has initiated an investigation into EU pork imports, affecting various pork products and internal organs. The European Commission is working with the EU livestock industry and member states to monitor the situation, while Spain is pushing for negotiations to mitigate potential tax-related losses on its pork exports to China. The EU currently supplies over half of China's pork imports, with major contributions from Spain, the Netherlands, and Denmark. Despite the investigation, European pork exports to China remain duty-free for now.

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

Original content

This is the latest move in growing trade tensions between the EU and its largest economic partner. The investigation took place after the EU's decision last week to impose an additional tax of up to 38% on imported Chinese electric cars from next July. The investigation, which began on June 17, will target consumer pork, such as fresh meat, cold meat and whole frozen meat, along with pig internal organs such as intestines or stomach... Illustration photo: Freepik Responding to the above move, the European Commission (EC) announced that it would coordinate with the EU livestock industry and member states to closely follow China's investigation process. Spain calls for negotiations so that its pork can avoid tax-related losses when exported to China. The EU accounts for more than half of the pork worth about 6 billion VND that China imports in 2023. A quarter of European pork exports to ...

Source: Voh