European Commission responds after China sets duties on EU dairy earlier today
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The European Commission has responded to China's decision to impose 11.7% tariffs on EU dairy products starting February 13, a reduction from previous rates of up to 42.7%. The EU plans to consider all options, including potential WTO proceedings, citing insufficient evidence for China's anti-subsidy probe. This tariff adjustment is seen as a goodwill gesture amid ongoing trade tensions, particularly in response to EU tariffs on Chinese EV makers. Both sides are navigating compromises while maintaining a facade of disagreement, reflecting their interdependence in trade amidst US tariff pressures.
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