The Fort Worth Press - China to impose anti-dumping duties on EU pork for five years

USD -
AED 3.67315
AFN 63.492461
ALL 81.288631
AMD 372.380045
ANG 1.789884
AOA 918.000357
ARS 1377.492202
AUD 1.396794
AWG 1.8
AZN 1.699161
BAM 1.665113
BBD 2.01512
BDT 122.759818
BGN 1.668102
BHD 0.377228
BIF 2975.105995
BMD 1
BND 1.273476
BOB 6.913109
BRL 4.982597
BSD 1.000451
BTN 93.790972
BWP 13.451617
BYN 2.814964
BYR 19600
BZD 2.012209
CAD 1.36645
CDF 2310.999924
CHF 0.78322
CLF 0.022658
CLP 891.79611
CNY 6.824802
CNH 6.829475
COP 3580.41
CRC 455.822507
CUC 1
CUP 26.5
CVE 94.400773
CZK 20.77525
DJF 178.157299
DKK 6.37653
DOP 59.650359
DZD 132.44793
EGP 52.055309
ERN 15
ETB 157.484803
EUR 0.853197
FJD 2.194501
FKP 0.740159
GBP 0.74065
GEL 2.689995
GGP 0.740159
GHS 11.080075
GIP 0.740159
GMD 72.999962
GNF 8777.498711
GTQ 7.646989
GYD 209.3344
HKD 7.832805
HNL 26.580678
HRK 6.427014
HTG 130.965962
HUF 311.019651
IDR 17221.55
ILS 2.99945
IMP 0.740159
INR 93.759249
IQD 1310.596128
IRR 1320999.999847
ISK 122.689681
JEP 0.740159
JMD 158.492044
JOD 0.70899
JPY 159.394496
KES 129.150005
KGS 87.427401
KHR 4004.835771
KMF 419.999744
KPW 899.990254
KRW 1479.359879
KWD 0.30828
KYD 0.833745
KZT 463.595498
LAK 22073.421989
LBP 89593.471709
LKR 317.917894
LRD 184.091335
LSL 16.446219
LTL 2.95274
LVL 0.60489
LYD 6.326571
MAD 9.238104
MDL 17.138041
MGA 4149.568356
MKD 52.55037
MMK 2099.66818
MNT 3578.517246
MOP 8.0708
MRU 39.939723
MUR 46.520139
MVR 15.460376
MWK 1734.492329
MXN 17.322498
MYR 3.9525
MZN 63.902114
NAD 16.446219
NGN 1348.940277
NIO 36.821672
NOK 9.296902
NPR 150.065555
NZD 1.692345
OMR 0.384481
PAB 1.000528
PEN 3.43825
PGK 4.400759
PHP 60.190414
PKR 278.910249
PLN 3.621599
PYG 6293.366934
QAR 3.647718
RON 4.345799
RSD 100.126033
RUB 75.100047
RWF 1461.969385
SAR 3.750618
SBD 8.038772
SCR 14.015284
SDG 599.999861
SEK 9.191805
SGD 1.274725
SHP 0.746601
SLE 24.603506
SLL 20969.496166
SOS 571.778849
SRD 37.457983
STD 20697.981008
STN 20.858697
SVC 8.754693
SYP 110.631499
SZL 16.439919
THB 32.259886
TJS 9.419537
TMT 3.505
TND 2.90915
TOP 2.40776
TRY 44.925199
TTD 6.78285
TWD 31.4855
TZS 2605.000213
UAH 43.897001
UGX 3706.888478
UYU 39.776259
UZS 12134.653533
VES 481.046775
VND 26322.5
VUV 117.946979
WST 2.711482
XAF 558.460897
XAG 0.01282
XAU 0.000211
XCD 2.70255
XCG 1.803113
XDR 0.694162
XOF 558.465651
XPF 101.534165
YER 238.624974
ZAR 16.459602
ZMK 9001.197767
ZMW 19.034038
ZWL 321.999592
  • BCC

    -0.3850

    82.065

    -0.47%

  • BCE

    -0.0500

    23.85

    -0.21%

  • RIO

    2.5100

    100.23

    +2.5%

  • NGG

    1.5800

    85.85

    +1.84%

  • JRI

    0.0100

    13.06

    +0.08%

  • GSK

    -0.1980

    55.922

    -0.35%

  • BTI

    1.1400

    55.97

    +2.04%

  • CMSC

    0.1000

    22.76

    +0.44%

  • CMSD

    0.0300

    23.07

    +0.13%

  • AZN

    0.0000

    195.78

    0%

  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    -1.3100

    15.85

    -8.26%

  • RELX

    -0.1050

    36.965

    -0.28%

  • BP

    0.4600

    46.37

    +0.99%

  • VOD

    0.1350

    15.325

    +0.88%

China to impose anti-dumping duties on EU pork for five years
China to impose anti-dumping duties on EU pork for five years / Photo: © AFP/File

China to impose anti-dumping duties on EU pork for five years

China will impose anti-dumping duties on European Union pork imports for five years, but at lower rates than temporary levies in place since September, Beijing announced Tuesday.

Text size:

The two sides have been locked in a trade spat fuelled by what many European countries view as an unbalanced economic relationship with China.

The levies come after a probe launched by China last year concluded that European pork imports "were being dumped, and the domestic industry suffered substantial damages" as a result, the commerce ministry said in a statement Tuesday.

The duties will range from 4.9 percent to 19.8 percent -- down from temporary levies of 15.6 percent to 62.4 percent -- and will be applied from December 17, it said.

"At present, the domestic industry is facing difficulties, and there are strong calls for protection," a commerce ministry spokesperson said.

They added that the investigation's conclusions were "objective, fair, and impartial".

The two are key trading partners, with the EU running a trade deficit of more than $350 billion with China in 2024.

French President Emmanuel Macron said this month that Europe would consider adopting strong measures against China -- including tariffs -- if the trade imbalance was not addressed.

The current trade spat erupted last summer when the EU moved towards imposing hefty tariffs on Chinese electric vehicles, arguing that Beijing's subsidies were unfairly undercutting European competitors.

Beijing denied that claim and announced what were widely seen as retaliatory probes into imported European pork, brandy and dairy products.

China -- the world's leading consumer of pork -- imported 4.3 billion yuan ($600 million) in pork products from major producer Spain alone last year, according to official Chinese customs data.

France, meanwhile, exported 115,000 tonnes of pork to China in 2024, according to industry association Inaporc.

According to the new measures, Groupe Bigard, a major French pork producer, will be charged 9.8 percent, while Danish Crown will be hit with an 18.6 percent levy.

European producers criticised the imposition of temporary duties on pork in September, denying the dumping allegations.

They argued that Chinese consumers pay more than Europeans for products that the latter often ignore, such as pigs' trotters or ears.

Alongside trade frictions, China and the EU are at odds on issues such as Russia's 2022 invasion of Ukraine.

The EU has urged China exert pressure on Moscow to end the war, but Beijing has shown no sign of acceding.

J.P.Cortez--TFWP