China imposes anti-dumping duties on imported pork from the EU, with rates as high as 19.8%

Tension in trade relations: China imposes "dumping" tariffs on European pork

The Chinese Ministry of Commerce announced that starting from December 17, it will impose anti-dumping duties ranging from 4.9% to 19.8% on imported pork and pig by-products from the EU for a period of five years.

The Chinese Ministry of Commerce announced today, Tuesday, that starting from Wednesday, it will impose anti-dumping duties of 4.9% to 19.8% on imported European pork and pork by-products for a period of five years. This is the latest indication of the tense trade relationship between Beijing and the EU.

In a statement, the Chinese Ministry of Commerce said that the relevant Chinese authorities launched an investigation in June 2024 and "determined that there was dumping of pork and pork products imported from the EU, which caused significant damage to China's domestic industry."

The statement also noted that "the anti-dumping duties imposed by China on certain pork and pork by-products imported from the EU will take effect starting from December 17, 2025. The maximum rate has been reduced from 62.4% announced in September when the preliminary ruling was made to 19.8%, and these temporary tariffs must be deposited with customs in the form of a deposit."

Shortly after the EU announced its plan to impose additional tariffs on Chinese electric vehicles flooding the European market and competing with European manufacturers, China initiated an investigation into alleged dumping of EU-related pork and pig by-products.

China is the world's largest pork consumer. According to Chinese customs statistics, last year China imported pork products worth 516 million euros from Spain, one of Europe's major pork-producing countries.

France exported 115,000 tons of pork to China in 2024, making China the largest overseas market for France, accounting for about one-sixth of France's total pork exports.

Spanish and French professionals had expressed shock in September over China's decision to impose tariffs on pork imports from the EU, believing they were suffering from other trade disputes between China and the EU.

Pork is just one part of the many tensions between the EU and China, with fundamental differences such as a huge trade deficit of 357.1 billion US dollars between the two sides.

Source: rfi

Original: toutiao.com/article/1851702429695433/

Statement: The article represents the views of the author himself.