European farmers are getting antsy after China announced anti-subsidy investigations into imports of dairy products originating in the European Union. China’s anti-subsidy investigation into dairy products from the European Union has many European dairy farmers worried, the South China Morning Post reported Sunday. The Ministry of Commerce of the People’s Republic of China announced Tuesday that it had decided to launch an anti-subsidy investigation into imports of dairy products originating in the European Union. Some media said that this is the European Union plans to impose tariffs on Chinese electric vehicles, “The latest measures.”. Experts interviewed by the Global Times said on the 26th that this is not a“Retaliatory measure” against the EU and that there is still time for the two sides to properly resolve their trade differences through dialogue and consultation.
“We are collateral damage,” Dennis Drennann, president of the Irish Cream Suppliers Association, told the press. The French and Germans are trying to compete with the Chinese in the electric car market, and now the Chinese are fighting back, only to see farmers like me, who live in remote rural areas, get hit,” Drennann said, demand compensation for any Irish farmer who may become a victim.
File Photo: Inside the milking room of a family-run dairy farm in County Cork, Ireland.
China’s latest measures could be a“Heavy blow” to European dairy farmers, according to the Financial Times. Antone, Alexander Gazsi of the European Dairy Association, said he hoped the EU and China would “Find a constructive way to resolve bilateral disputes”.
Huo Jianguo, vice president of the China World Trade Organization Research Association, told the Global Times on the 26th that, china’s anti-subsidy and anti-dumping investigation into EU agricultural products such as dairy products, pork and brandy was initiated on the application of domestic industry, not as a trade retaliatory measure against EU. However, these measures can make the EU and its member states deeply aware of the complementary advantages of sino-eu economic and trade relations, the nature of mutual benefit.
Huo Jianguo said that there is still two months before the final results of the EU’s anti-subsidy investigation on Chinese electric vehicles are officially announced in November. To avoid the risk of trade friction escalating out of control, both sides still have time and opportunity, to properly resolve trade differences through dialogue and consultation, find mutually acceptable solutions, and jointly safeguard the stability of china-eu supply chain and the healthy development of china-eu Economic and trade cooperation.