China has imposed preliminary anti-dumping duties of up to 62% on European pork in a move seen as retaliation for the EU’s tariffs on Chinese electric vehicle imports, reports the Financial Times. China’s commerce ministry said that after more than a year of investigation, “preliminary evidence indicates that imported pork and pork products from the EU are being dumped, causing substantial harm to the relevant domestic industry.” It announced temporary duties of between 15.6% and 62.4%.
When Beijing announced the investigation in June last year, the European agricultural industry said farmers in Spain, the Netherlands, Denmark, Germany and Belgium would be hit hardest.
The investigation is widely regarded as retaliation against Brussels’ move last year to raise tariffs to up to 45% on some producers as part of an anti-subsidy probe into Chinese EVs.
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