Coldiretti: the tariff war with China puts Made in Italy cheese exports at risk

"The trade war on electric cars between the European Union and China puts at risk the growth of Made in Italy cheese exports to China, which in the first five months of 2024 recorded a 35% increase compared to the same period last year". This is what is highlighted in an analysis by Coldiretti on Istat data released regarding Beijing's announcement that it has launched an anti-subsidy investigation into the import of dairy products from the European Union, in response to duties on electric cars. A move, it is explained, which "once again places Italian food as a bargaining chip in political and economic disputes that have erupted in other sectors and which, as has happened in the past, risks having repercussions on the entire agri-food export to the Asian country, which is worth 590 million euros". Trade with China is also affected by the blockade of traffic on the Red Sea linked to the Houthi attacks. The lengthening of the maritime routes between East and West, forced to ...