Recently, due to the low price of erythritol products in mainland China, the EU has taken comprehensive boycott measures, initiated the anti-dumping review procedure and publicized the preliminary investigation results. The purpose of this move is obvious, and it is aimed at safeguarding its internal industrial rights and interests. Because of this, trade frictions have escalated rapidly.
The EU's "big deal"The European Union has violently increased its taxes on Chinese erythritol products, with a maximum increase of 235.6%, like a battered market. Thought-provokingly, this adjustment is slightly lower than the original proposal, and seems to reflect some reflection on the impact of the excesses in the EU.
The reaction of Chinese enterprisesIn the face of heavy pressure, major Chinese companies did not sit idly by. In the case of Bowlingbao, for example, it was supposed to bear 51.8% of the tariff, but in reality it only had to pay 31.9%. Despite the complexity, the situation has eased compared to expectations. The company issued a statement saying that the impact of this adjustment is within a controllable range, and it will continue to actively expand the EU market.
The strategy of ternary organismsIn the face of high tariff pressure, Ternary Biotech not only adheres to the European market, but also devotes itself to the development of innovative sweeteners. In addition, the company has also stepped up its efforts to develop domestic and Southeast Asian markets. These initiatives highlight its strong resilience and deep market insight.
The Department of Commerce fought backThe Ministry of Commerce issued an announcement on the anti-dumping final review and investigation of EU stainless steel billets and hot-rolled plate/coil products. This move shows the mainland's determination to resolutely safeguard its national interests and pay close attention to the EU's movements, which is not only a tough response to the EU's unreasonable moves, but also a necessary means to ensure the mainland's industrial security. This clearly demonstrates the mainland's stable and firm stance in its diplomatic work.
SAIC's rights protection actions
SAIC, as the leader of the mainland's auto industry in European exports, has been deeply affected by trade frictions, and tariffs have soared to 37.6%. Despite this, SAIC did not comply, but resolutely defended its rights and interests through legal means. Now, SAIC has submitted a complaint to the European Commission, and is going all out to fight for the transformation counterattack.
Trade barriers in the EU
Recently, the European Union has introduced a policy that is seen as building trade barriers to protect the domestic market. However, its practical effect has yet to be tested, and it is worth thinking about in depth. In the long run, such measures may limit the sharing and development of scientific and technological resources, leading to a lose-lose situation. Especially in the field of electric vehicles, which is an important technology, China is in a leading position, but the EU's actions may have a negative impact on the global industry.
China's countermeasuresIn response to the actions of the European Union, the mainland is ready for a reciprocal response. In key areas such as pork and agricultural machinery, we have a strong ability to implement countermeasures. The trade dispute vividly illustrates the intricacies and challenges facing global trade.
The current situation is still grim and complex, but as long as all parties work together to seek rational dialogue and explore the path to achieve a win-win situation, the future will surely show unlimited potential and hope. It is true that collaboration is the preferred solution to a wide range of challenges.
Overall, although the EU's anti-dumping investigation of mainland erythritol products has caused some trouble to local enterprises, it is also a good opportunity to enhance their competitiveness and adaptability. Far from talking about it, these companies actively sought solutions, showing extraordinary courage and wisdom. It is worth looking forward to the fact that on the basis of mutual respect, we hope to further expand the space for cooperation and work together to promote the prosperity and development of the global economy.
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