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Home / Business and Economy / China Halves Dairy Tariff After EU Trade Spat

China Halves Dairy Tariff After EU Trade Spat

31 Jan

•

Summary

  • China proposed lower dairy tariffs, down to 11.7% from 42.7%.
  • This reduction follows an anti-subsidy probe, seen as retaliation.
  • The EU is reacting to provisional duties announced in December.
China Halves Dairy Tariff After EU Trade Spat

China has proposed a substantial reduction in tariffs for certain European dairy products. The additional duties are now set at a maximum of 11.7%, a significant decrease from the provisional 42.7% announced in December. This development concludes China's anti-subsidy investigation into EU dairy imports.

Industry insiders widely view this investigation and subsequent tariff adjustments as a retaliatory measure by China. The move appears to be a response to the European Union's earlier imposition of levies on Chinese electric vehicles. Two major European industry associations, the European Dairy Association and Eucolait, have communicated these revised tariff proposals to the European side.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
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China has proposed additional duties of up to 11.7% on certain dairy products from the European Union.
The reduction in tariffs follows China's conclusion of an anti-subsidy investigation, widely seen as retaliation for EU levies on Chinese electric cars.
Previously, provisional duties on certain dairy products from the EU were announced at a maximum rate of 42.7%.

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