China has launched anti-dumping investigations into European Union imports of brandy and pork, escalating tensions following the EU's imposition of provisional tariffs on Chinese electric vehicles. The investigations, targeting products from France, Spain, the Netherlands, and Denmark, are seen as China's response to pressure EU members into dropping tariffs on Chinese EVs. These tit-for-tat measures reflect a broader trade dispute, with China accusing the EU of unfair subsidization benefiting its electric vehicle industry. The move threatens to deepen the trade conflict, potentially affecting not only manufacturers but also escalating retaliatory actions between the two economic powers.
China is conducting anti-dumping investigations into EU imports, focusing on brandy and pork from the bloc, as the tariff war entered a new phase on Friday with the imposition of provisional EU duties on imports of Chinese-made electric vehicles.
As reported by OilPrice.com, China's Comm...