China Starts Anti-Dumping Probe on Imports of EU Pork
- Move follows EU announcing tariffs on China-made EVs
- China is the bloc’s largest overseas market for pork
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China launched an anti-dumping probe on pork imports from the European Union, in a narrowly targeted measure that’s the latest move in simmering trade tensions between Beijing and Brussels.
China is the EU’s biggest overseas market for pork, although export volumes have fallen off in recent years due to domestic oversupply and low prices. The trade was worth $1.83 billion last year, with farmers in Spain, Denmark and the Netherlands the biggest beneficiaries.