Electric vehicle surcharges: China responds by targeting EU dairy products

Published 2024년 8월 21일

Tridge summary

China has initiated an anti-dumping investigation into certain dairy products imported from the European Union, effective from August 21, 2024, citing unfair trade practices. The investigation covers a range of dairy products and subsidies under the EU's Common Agricultural Policy. This action follows the EU's decision to impose a surcharge on electric vehicles from China, including those made by Tesla, due to alleged market distortion by state subsidies. Beijing's move also comes after China's investigation into alleged competition law violations in imported wine spirits from the EU, and an ongoing anti-dumping investigation into pork and pork products from the EU.

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

Original content

China announced on Wednesday the opening of an investigation into unfair trade practices by the European Union concerning certain imported dairy products, amid tensions with Brussels over electric vehicles from China. "The Ministry of Commerce has decided to open an anti-dumping investigation on certain dairy products imported from the European Union from August 21, 2024," it said in a statement. The investigation covers products such as fresh cheese and curdled milk, blue cheese and certain milk and cream, the Ministry of Commerce said. The procedure targets a number of subsidies granted under the EU's Common Agricultural Policy (CAP). Up to 36% surcharges on electric vehicles On Tuesday, the European Union (EU) confirmed its intention to impose a surcharge for five years on electric cars from China, including those from American manufacturer Tesla, which has a factory in Shanghai. Brussels considers the prices of Chinese vehicles to be artificially low due to state subsidies ...

Source: Bfmtv