China slaps preliminary anti-dumping duties on some EU pork imports

China has imposed preliminary anti-dumping duties, reaching up to 62.4%, on specific pork imports originating from the European Union, effective September 10th. This decision follows a preliminary investigation that indicated dumping practices det...

TIL Creatives
Anti-Dumping Duties on EU pork imports
China on Friday placed preliminary anti-dumping duties as high as 62.4% on certain pork imports from the European Union.

The preliminary ruling found evidence of dumping that damaged the domestic industry and approved duties ranging from 15.6% to 62.4% depending on the producer that will start on September 10th, according to a release from the Ministry of Commerce on Friday.

The finding is preliminary and could be changed or reversed when the investigation ends in December.


Launched in June last year, the investigation is widely seen as retaliation for EU tariffs on Chinese electric vehicle exports and has hit over $2 billion in pork exports, concentrated in major producers such as Spain, the Netherlands, and Denmark.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › World News › China slaps preliminary anti-dumping duties on some EU pork imports
Text Size:AAA
Success
This article has been saved

*

+