China is now imposing temporary special tariffs of between 21.9 and 42.7 percent on certain dairy products from the European Union. The additional duties, which will be imposed from this Tuesday, are in response to the extra tariffs on electric cars from China that have been imposed since last year EU be collected.
The Chinese Ministry of Commerce said the tariffs are the result of an anti-subsidy review that has been ongoing for more than a year. There is preliminary “evidence” that shows that dairy products imported from the EU are state-subsidized and are being used by the domestic industry China would cause significant damage.
This article will continue to be updated.
