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China lowers anti-dumping tariffs on European pork exporters
China's Commerce Ministry set tariffs from 4.9% to 19.8% on EU pork imports for five years, easing from previous rates and allowing duty avoidance by meeting minimum prices.
- On Dec 16, China's Commerce Ministry set final tariffs at 4.9%–19.8% on EU pork for five years, effective beginning Wednesday on imports worth over $2 billion.
- China launched the anti-dumping probe after the EU imposed provisional EV tariffs; the investigation began in June of last year and Beijing applied preliminary security-deposit duties in September.
- Groupe Bigard and Danish Crown are assigned specific levies, with exporters able to avoid duties by meeting the minimum price mechanism covering all pork product types, including fresh and frozen.
- Spain, the Netherlands and Denmark face the biggest hit, with exporters reliant on offal and by-products sold to China where EU pork exports peaked at 7.4 billion euros in 2020.
- The move occurs as the EU runs a trade deficit of over 300 billion euros, alongside probes into dairy and brandy, and, as Even Rogers Pay said, `This outcome reflects 18 months of concerted efforts to find a negotiated solution to this issue and a number of other trade disputes between China and the EU`.
Insights by Ground AI
108 Articles
108 Articles
The Chinese market is strategic for Europe, which exported 1.1 million tonnes of pigs to the country in 2024.
·Paris, France
Read Full ArticleLast September, China imposed preliminary tariffs of 15.6 to 62.4 per cent.
Reposted by
IOL Portugal
The rates will vary between 4.9%, applied only to Spanish company Litera Meat, including as an example in the investigation, and 19.8%, which will affect companies that did not cooperate in the process.
·Portugal
Read Full ArticleIndustry representatives in Spain consider the final figure as good news because it lowers the provisional charges announced in September
·Spain
Read Full ArticleCoverage Details
Total News Sources108
Leaning Left21Leaning Right12Center27Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 35%
C 45%
R 20%
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