The trade war between China and the European Union is widening and hitting one of the continent’s iconic agri-food sectors. Starting tomorrow, Beijing will apply provisional duties on dairy products imported from the EU, with rates ranging from 21.9% to 42.7%. In the crosshairs are milk and cheese, excellences that represent a significant item of European exports to the Chinese market.
The measure comes as a direct response to the tensions that have exploded in recent months around electric vehicles. After Brussels launched an investigation into Chinese state subsidies to car manufacturers, Beijing has gradually extended the comparison to other sectors, this time focusing on agriculture and the food industry. Red Prawn
