China lowers import tariffs on European dairy products

From February 13, 2026, China will impose a tariff of between 7.4 and 11.7% on dairy products originating from the European Union (EU) for a period of five years, according to the final decision by Beijing on an 18-month anti-dumping investigation launched in response to European tariffs on Chinese electric vehicles. World market milk prices rise sharply The rates are significantly lower than those announced in December, which ranged from 21.9 to 42.7%, reports the Chinese Ministry of Commerce. According to the agency, in 2024, China imported dairy products covered by the investigation worth $589 million, which is similar to the levels of 2023. According to Chinese authorities, the affected imports are worth over $506.3 million, reports BTA, citing Reuters. At the beginning of February, the European Commission announced that it had received China's final calculations for the planned countervailing duties, with the final rates expected by February 21. China imposes tariffs of up to ...