EU says it has received Chinese calculations for looming dairy tariffs
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The European Commission has received final calculations for anti-subsidy duties on EU dairy products from China's Ministry of Commerce, with a deadline for imposing tariffs set for February 21. Proposed tariffs have been reduced to between 7.4% and 11.7%, down from earlier rates of 21.9% to 42.7%. This move is seen as retaliation for EU tariffs on Chinese electric vehicles. The Commission has expressed concerns over the justification of these measures, which are not yet final.
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