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) $ 103,794.81 0.15%
ethereum
Ethereum (ETH) $ 2,361.87 2.70%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.38 2.16%
bnb
BNB (BNB) $ 663.01 4.85%
solana
Solana (SOL) $ 171.75 4.07%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.223535 9.51%
cardano
Cardano (ADA) $ 0.793571 1.43%
tron
TRON (TRX) $ 0.262741 2.66%
staked-ether
Lido Staked Ether (STETH) $ 2,360.73 2.52%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,657.77 0.04%
sui
Sui (SUI) $ 3.98 0.74%
chainlink
Chainlink (LINK) $ 16.28 2.23%
avalanche-2
Avalanche (AVAX) $ 23.99 5.35%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,841.70 3.09%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 7.51%
stellar
Stellar (XLM) $ 0.300974 1.26%
hedera-hashgraph
Hedera (HBAR) $ 0.207078 4.31%
hyperliquid
Hyperliquid (HYPE) $ 25.24 1.61%
bitcoin-cash
Bitcoin Cash (BCH) $ 420.43 0.49%
the-open-network
Toncoin (TON) $ 3.36 2.50%
leo-token
LEO Token (LEO) $ 8.68 2.11%
usds
USDS (USDS) $ 1.00 0.01%
litecoin
Litecoin (LTC) $ 103.50 6.48%
polkadot
Polkadot (DOT) $ 5.05 10.42%
weth
WETH (WETH) $ 2,364.25 2.33%
monero
Monero (XMR) $ 314.19 4.30%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,523.86 3.02%
bitget-token
Bitget Token (BGB) $ 4.74 4.91%
pepe
Pepe (PEPE) $ 0.000013 12.04%
pi-network
Pi Network (PI) $ 0.738215 4.11%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.04%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 103,834.82 0.12%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.10%
whitebit
WhiteBIT Coin (WBT) $ 30.38 0.19%
bittensor
Bittensor (TAO) $ 444.96 0.28%
uniswap
Uniswap (UNI) $ 6.50 0.94%
near
NEAR Protocol (NEAR) $ 2.97 3.83%
aptos
Aptos (APT) $ 5.74 1.42%
dai
Dai (DAI) $ 1.00 0.01%
okb
OKB (OKB) $ 54.99 3.00%
aave
Aave (AAVE) $ 215.87 2.28%
ondo-finance
Ondo (ONDO) $ 1.03 1.09%
susds
sUSDS (SUSDS) $ 1.05 0.00%
ethereum-classic
Ethereum Classic (ETC) $ 19.40 2.71%
internet-computer
Internet Computer (ICP) $ 5.52 3.33%
crypto-com-chain
Cronos (CRO) $ 0.102077 2.16%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
official-trump
Official Trump (TRUMP) $ 14.33 2.96%