|
Beijing also levied anti-dumping duties on European brandy, most
notably cognac produced in France, though major brandy producers
received exemptions. Imports of dairy products from the EU
likewise were subject to anti-dumping probes.
The EU runs a massive trade deficit with China: over 300 billion
euros ($348 billion) last year. However, the trading bloc is a
major exporter of pork and key supplier of byproducts such as
ears, snouts, feet and other items considered to be delicacies
in China.
In September, China ordered preliminary anti-dumping duties, in
the form of security deposits, of 15.6% to 32.7% for pork
imports from EU companies that collaborated with the
anti-dumping investigation, and up to 62.4% for all others.
China’s Commerce Ministry concluded that the EU was dumping pork
and pig by-products in China, selling them at prices below
production costs or domestic market prices, and harming China’s
pork industry. The final tariff rates of 4.9%-19.8% are due to
take effect beginning Wednesday and last for five years.
Spain, the Netherlands and Denmark will be the most affected.
The Commerce Ministry said the new tariff will apply to all kind
of pork products, fresh, chilled, frozen, dried, pickled, smoked
or salted.
It said it had reached its conclusions in an “objective, fair
and impartial manner.”
EU exports of pork products to China peaked at 7.4 billion euros
($7.9 billion) in 2020 when Beijing turned to imports to meet
domestic demand after its pig farms were devastated by a swine
disease. But it has reduced imports as it has rebuilt its herds.
All contents © copyright 2025 Associated Press. All rights reserved

|
|