Reported about 2 months ago
China has initiated an anti-subsidy probe targeting dairy imports from the European Union, including cheese and milk products, just a day after the EU revised its tariff plan on electric vehicles from China. The investigation reflects escalating trade tensions as the EU adjusts punitive duties on Chinese EVs, prompting China to retaliate. The European Chamber of Commerce in China has expressed concern over the trade defense measures, urging for fairness and transparency in the investigation.
Source: YAHOO