China Imposes Up to 42.7% Tariffs on EU Dairy Products
China has announced tariffs of up to 42.7% on EU dairy products, citing damage to its domestic industry from EU subsidies, following an anti-subsidy investigation. The tariffs will take effect on April 23 and vary based on cooperation with the investigation, affecting products like cheese, milk, and cream. This move is part of broader trade tensions between China and the EU, which recently saw China cut pork import duties and impose tariffs on EU brandy, amid ongoing disputes over electric vehicle tariffs and WTO compliance.