Commodities and Futures News

Reactions to China’s anti-subsidy probe on EU dairy imports

2024.08.21 23:53

BEIJING (Reuters) – China launched an anti-subsidy investigation into dairy imports from the European Union a day after the bloc’s revised tariff plan for electric vehicles made in the Asian giant.

Wednesday’s inquiry targeting cheese, milks and creams meant for human consumption, came after the EU amended proposed punitive duties on Chinese EV imports to 36.3% from an initial 37.6%. Beijing had urged Brussels to abandon the tariffs.

EUROPEAN UNION CHAMBER OF COMMERCE IN CHINA:

“Regrettably, the use of trade defence instruments by one government is increasingly being responded to seemingly in kind by the recipient government.

© Reuters. Cheese products are displayed at the dairy section of a supermarket in Beijing, China August 22, 2024. REUTERS/Florence Lo

“Therefore, in view of the European Commission disclosing the definitive findings of its probe into BEVs from China, China’s decision to launch an anti-subsidy probe should not be considered a surprise.

“The Chamber will be monitoring the investigation and hopes it will be conducted fairly and transparently. We expect our affected member companies to co-operate to the fullest with the investigation.”



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 96,374.82 0.31%
ethereum
Ethereum (ETH) $ 2,813.55 1.53%
xrp
XRP (XRP) $ 2.58 0.59%
tether
Tether (USDT) $ 1.00 0.01%
bnb
BNB (BNB) $ 656.07 1.93%
solana
Solana (SOL) $ 167.51 2.55%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.243024 1.23%
cardano
Cardano (ADA) $ 0.773287 0.43%
staked-ether
Lido Staked Ether (STETH) $ 2,808.16 1.88%
tron
TRON (TRX) $ 0.245556 2.85%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,403.83 0.12%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,377.01 1.90%
chainlink
Chainlink (LINK) $ 17.65 1.09%
sui
Sui (SUI) $ 3.44 1.10%
avalanche-2
Avalanche (AVAX) $ 25.01 3.49%
stellar
Stellar (XLM) $ 0.33315 0.08%
litecoin
Litecoin (LTC) $ 130.02 3.35%
the-open-network
Toncoin (TON) $ 3.78 0.29%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 0.66%
leo-token
LEO Token (LEO) $ 9.75 0.46%
hedera-hashgraph
Hedera (HBAR) $ 0.211372 2.35%
usds
USDS (USDS) $ 1.00 0.19%
mantra-dao
MANTRA (OM) $ 8.42 3.73%
weth
WETH (WETH) $ 2,814.41 1.60%
hyperliquid
Hyperliquid (HYPE) $ 23.25 5.22%
polkadot
Polkadot (DOT) $ 4.95 2.88%
bitcoin-cash
Bitcoin Cash (BCH) $ 328.07 1.96%
bitget-token
Bitget Token (BGB) $ 5.07 3.42%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.09%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,990.99 1.93%
uniswap
Uniswap (UNI) $ 9.06 0.20%
monero
Monero (XMR) $ 236.71 0.38%
near
NEAR Protocol (NEAR) $ 3.42 1.71%
whitebit
WhiteBIT Coin (WBT) $ 27.53 0.01%
pepe
Pepe (PEPE) $ 0.000009 2.43%
aave
Aave (AAVE) $ 247.83 0.28%
bittensor
Bittensor (TAO) $ 430.51 2.38%
aptos
Aptos (APT) $ 6.09 0.51%
ondo-finance
Ondo (ONDO) $ 1.13 3.00%
dai
Dai (DAI) $ 0.999437 0.06%
internet-computer
Internet Computer (ICP) $ 7.07 1.72%
official-trump
Official Trump (TRUMP) $ 16.13 2.16%
ethereum-classic
Ethereum Classic (ETC) $ 20.68 0.64%
tokenize-xchange
Tokenize Xchange (TKX) $ 38.98 2.76%
mantle
Mantle (MNT) $ 0.911222 0.93%
okb
OKB (OKB) $ 49.34 0.23%
gatechain-token
Gate (GT) $ 23.32 1.59%
susds
sUSDS (SUSDS) $ 1.04 0.13%
sonic-3
Sonic (prev. FTM) (S) $ 0.872643 7.45%