Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Factbox-China's probes on EU products following EV tariffs

    Factbox-China's probes on EU products following EV tariffs

    Published by Global Banking and Finance Review

    Posted on September 5, 2025

    Featured image for article about Headlines

    (Reuters) -The Chinese commerce ministry has imposed anti-dumping measures on imports from the European Union, deepening trade tensions which spiked when the bloc imposed tariffs on China-made electric vehicles.

    In July, the EU introduced provisional tariffs of up to 37.6% on China-made EVs describing their imports as a potential flood of unfairly subsidised EVs.

    Below are details on China's multiple probes into EU industries:

    PORK

    China announced on Friday duties as high as 62.4% on EU pork imports after its Ministry of Commerce said a preliminary investigation had found evidence of dumping that damaged the domestic industry.

    The anti-dumping duties were set to begin on September 10, and companies that collaborated with the investigation, among them Spanish, Danish and Dutch firms, received reduced duties ranging from 15.6% to 32.7%.

    The decision is only preliminary and could theoretically be changed before the investigation ends in December.

    A European Commission spokesperson said on Friday that China's investigation was based on "questionable allegations, insufficient evidence" and not in line with World Trade Organization rules.

    China imported $4.8 billion worth of pork in 2024 - over half of it from the EU, with Spain leading the bloc in exports by volume.

    BRANDY

    The Chinese commerce ministry imposed duties of up to 34.9% on EU brandy producers from July 5, 2025 and for a period of five years.

    It however spared major cognac producers Pernod Ricard, LVMH and Remy Cointreau by giving exceptions to brands selling at an undisclosed minimum price.

    The French cognac industry generates global exports of $3 billion a year combined and makes up almost all of China's EU brandy imports.

    China's commerce ministry said in a statement on Saturday that 34 firms secured agreements for minimum price commitments instead of tariffs.

    DAIRY

    In August, China extended its anti-subsidy investigation into European Union dairy imports by six months to February 21, 2026, one front in a wider trade war with Brussels and Washington.

    China's Ministry of Commerce prolonged the period citing the complexity of the case, which covers some EU cheese, milk and cream products.

    In March, China also lifted some restrictions on imports of German milk and dairy products over foot-and-mouth disease.

    PLASTIC

    In May, Beijing announced anti-dumping duties as high as 74.9% on imports of POM copolymers, a type of engineering plastic, from the United States, the European Union, Japan and Taiwan.

    According to the announcement, the highest anti-dumping rates of 74.9% were levied on imports from the United States, while European shipments were set to face duties of 34.5%.

    In August, China extended anti-dumping duties on phenol imports from the U.S., the European Union, South Korea, Japan and Thailand for five years.

    (Compiled by Laura Contemori, Mathias de Rozario and Javi West Larrañaga; Editing by Matt Scuffham)

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe