(Beijing / Torndor Comprehensive News) Sino -European economic and trade relations have continued to be tense.The Chinese media quoted industry insiders on the same day that China may conduct anti -dumping investigations on importing pork from the European Union.
Bloomberg believes that this is a retaliatory measure for China through official media that Beijing is preparing to take revenge on the European Union.
According to Reuters, Adolfo Urso, the Ruyi Right -wing Brother Party, said at a business conference on Saturday: "If we do not want to see the European industry being destroyed, it is inevitable to be right.Chinese products levy higher tariffs. "
Europe and the United States have recently continued to target Chinese industries in economic and trade policies.The European Union used the foreign subsidy regulations that took effect in July last year. This year, three high -profile investigations have been launched on Chinese companies in the field of railway, solar and security./China/Story20240428-3504183 "R = NOFOLLOW TARGET = _Blank> also launched a trade survey of Chinese electric vehicles sold in Europe , causing Beijing to be highly dissatisfied.
On May 14, the United States announced that it would impose tariffs on electric vehicles, lithium batteries, photovoltaic batteries and other products in China; the tariffs on electric vehicles will increase from the current 25 % to 100 %.
There are currently 400 Chinese products exempting tariffs in the United States.The Office of the US Trade Representative said last Friday (24th) that After the exemption period expires, it will no longer be continued , and tariffs must be resumed to protect the manufacturing industry.
Ulso specially talked about the automotive industry, calling on the EU to adopt stronger industrial policies, and said that the United States' significant increase in tariffs may cause China to turn exported goods to Europe, thereby damaging the EU industry.
On the other hand, Chinese official media has continued to release information that may adopt economic and trade countermeasures to the EU in the near future.The Global Times English version of Saturday in social media X (formerly known as Twitter) quoted industry insiders that relevant industries in China are collecting evidence and plans to apply for anti -dumping investigations to the competent authorities.
China Customs data shows that China imported 1.55 million tons of pork last year, more than half of which came from Europe.