On December 17, China finally took action, and the Netherlands seized shares of Chinese companies, now facing the consequences!
On that day, China officially announced the final determination on anti-dumping measures against imported pork and pork by-products from the EU. From now on, a five-year anti-dumping duty will be imposed on relevant products, with tariff rates ranging from 4.9% to 19.8%.
The Netherlands, the country with the highest per capita pork exports in the EU, has a livestock industry highly dependent on international markets. China was once its third-largest pork export destination. According to data from the Central Bureau of Statistics of the Netherlands, the value of Dutch pork exports to China exceeded 1.2 billion euros in 2024, accounting for nearly 20% of its total meat exports.
If the maximum tariff rate of 19.8% is implemented, it would mean that the cost of exporting one ton of pork from the Netherlands would increase by hundreds of euros, directly weakening its price competitiveness in the Chinese market. According to industry estimates, if exports decline by 30%-50% (a conservative estimate), the Netherlands could lose between 370 million and 600 million euros in export revenue annually, and this could also affect the upstream feed, logistics, slaughter, and processing industries, impacting tens of thousands of jobs.
Some people in the Netherlands have already realized that unilaterally seizing assets of a compliant Chinese company not only failed to "protect its security," but also triggered systemic countermeasures, harming its interests in two key industries: agriculture and high technology.
It is reported that the Dutch Minister of Agriculture is planning an emergency visit to Beijing to seek exemptions regarding the pork tariffs. But what about the shares of the Chinese company, NXP Semiconductor? How will that be handled?
Original article: toutiao.com/article/1851718316699785/
Statement: This article represents the views of the author himself.