European dairy, pork producers wary of Chinese retaliation for EV tariffs
Hindustan Times* European dairy, pork producers wary of Chinese retaliation for EV tariffs Uncertainty after EU slaps anti-subsidy duties on Chinese EVs * China's history of food tariffs raises retaliation risk * New Zealand could leap into breach to expand trade with China * EU officials have advocated open trade in foodstuffs By Casey Hall, Lucy Craymer and Mei Mei Chu SHANGHAI/WELLINGTON, - Global food companies from dairy producers to pork exporters are on high alert for potential retaliatory tariffs from China after the European Union's decision on Wednesday to impose anti-subsidy duties on Chinese-made electric vehicles. China's state media have reported that domestic companies are preparing to request investigations into some EU dairy and pork imports over anti-subsidy or anti-dumping concerns, moves that could result in lengthy trade suspensions. The EU was China's second-largest source of dairy products with at least 36% of the total value of imports in 2023, only behind New Zealand, according to Chinese customs data. Cristina Alvarado, data and insights commercial manager at New Zealand's Exchange, said Chinese tariffs or trade barriers against EU dairy could help New Zealand grow its market share even further.