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Home / Business and Economy / China Slashes EU Pork Tariffs Dramatically

China Slashes EU Pork Tariffs Dramatically

16 Dec

•

Summary

  • China reduced pork tariffs to up to 19.8%, a significant decrease from initial rates.
  • The investigation into EU pork imports was launched following EU tariffs on Chinese EVs.
  • Spain, Netherlands, and Denmark are the most affected EU nations by the tariffs.
China Slashes EU Pork Tariffs Dramatically

China's Commerce Ministry announced a significant reduction in tariffs on pork imports from the European Union, setting the maximum rate at 19.8%. This marks a considerable decrease from the preliminary tariffs that had reached up to 62.4%.

The investigation leading to these tariffs was initiated after the EU imposed provisional duties on Chinese-made electric vehicles. China's findings concluded that the EU had been dumping pork and pig by-products into its market, thereby harming China's domestic pork industry.

This new tariff structure, set to last for five years beginning December 17, 2025, will apply to all pork products, regardless of their form. Spain, the Netherlands, and Denmark are expected to bear the brunt of these changes.

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.
China imposed tariffs on EU pork after an investigation concluded that the EU was dumping pork products below production costs, harming China's industry.
The new tariffs on EU pork imports into China range from 4.9% to 19.8%.
Spain, the Netherlands, and Denmark are identified as the EU countries most significantly impacted by China's new pork tariffs.

Read more news on

Business and Economyside-arrowSpainside-arrowChinaside-arrowDenmarkside-arrowNetherlandsside-arrow

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