China imposes tariffs on EU pork.

VTV.vn - Starting December 17th, China will impose anti-dumping duties on pork imported from the EU for a period of 5 years.

On December 16, China's Ministry of Commerce officially announced its decision to impose anti-dumping duties on pork imported from the European Union (EU), amid escalating trade tensions between the two sides.

Accordingly, starting December 17th, China will impose anti-dumping duties on pork imported from the EU for a period of five years. The official tax rate ranges from 4.9% to 19.8%, significantly lower than the provisional tax rate of 15.6% to 62.4% applied since September.

This decision was made after China completed its investigation and concluded that European pork was being dumped, causing serious damage to its domestic livestock industry.

Previously, EU producers had rejected the accusation, arguing that China mainly imports cuts of meat that are not consumed in Europe.

On December 16, the European Commission (EC) also expressed deep concern about China's decision to impose new tariffs on pork imported from the EU. The EC stated that China's investigation was based on questionable allegations and insufficient evidence.

In a statement, the EC said it was reviewing the published tariffs and carefully assessing all available information to ensure compliance with WTO rules.

Source: https://vtv.vn/trung-quoc-ap-thue-doi-voi-thit-lon-cua-eu-100251217062122269.htm