China lowers anti-dumping tariffs on European pork exporters
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China on Tuesday announced lower duties on pork imports and pig by-products from the European Union as it concluded a year-long anti-dumping investigation into European pork imports. The new tariff rates — ranging from 4.9% to 19.8% on dozens of European pork exporters — will start taking effect on Wednesday and last five years, according to the Chinese commerce ministry. Earlier in September, China had imposed temporary anti-dumping tariffs of up to 62.4% in the form of cash deposits on pork imports from the EU. The trade tensions had flared after Brussels slapped tariffs of up to 45% in October last year on electric vehicles imported from China, drawing Beijing to denounce it as protectionist. The EU is the world's largest pork exporter, selling around 13% of its annual production overseas, with China being the single largest buyer, according to estimates by S&P Global. This is breaking news. Please refresh for updates.Got a confidential news tip? We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services.© 2025 Versant Media, LLC.
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