China to impose duties of up to 42.7% on EU dairy
The Peninsula
Beijing: China said on Monday would place temporary duties on certain dairy products imported from the European Union, marking the latest salvo in a...
Beijing: China said on Monday would place temporary duties on "certain dairy products" imported from the European Union, marking the latest salvo in a trade spat that spans from food to electric vehicles.
The "duty deposits", which range from 21.9 percent to 42.7 percent, come into effect on Tuesday.
They hit a range of items including fresh and processed cheese, curd, blue cheese and some milk and cream, the commerce ministry in Beijing said in a statement.
Officials launched an anti-subsidy probe in August 2024 after receiving a request from the Dairy Association of China. The probe will conclude in February.
China's commerce ministry said Monday that preliminary findings showed a link between EU subsidies and "substantial damage" to its domestic dairy industry.
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