Guide
Against the backdrop of the growing smell of gunpowder in the US-China trade war, the relationship between China and the EU is also becoming increasingly strained. Recently, China launched an anti-dumping investigation on pork products from the EU, is this just a simple trade dispute? What kind of deep-seated game is hidden behind it? Moving on, let's uncover the truth about this complex situation.
The EU-China game in the context of the US-China trade war
Against the backdrop of the US-China trade war, relations between China and the EU are becoming increasingly strained. The EU does not want to be the "inverted three" of China's economic and trade frictions, and China does not want the EU to "sneer" at itself at a critical moment.
The confrontational situation on the issue of import and export trade
China's Ministry of Commerce announced that it has launched a five-year anti-dumping investigation on xylene originating in the EU, which is the first time that the mainland has initiated an anti-dumping investigation against the EU. The investigation is widely seen as a "warning signal" to the EU. Later, the Ministry of Commerce issued an announcement announcing the anti-dumping and countervailing investigation of pork and its by-products originating in the European Union. Prior to this, an anti-dumping investigation has been initiated on a number of chemical raw materials such as titanium dioxide and sulfamic acid in the EU. This means that the mainland will initiate the "most severe punishment" for EU pork and its by-products.
The EU's action to impose tariffs on Chinese goods
The Mission to the EU informed the EU of its intention to impose an additional provisional duty rate of 27.04% on pork originating in the EU and its by-products. This move has caused strong dissatisfaction in the European Union. Recently, China has launched a countervailing investigation into the subsidy behavior of some new energy vehicle products exported from the EU. According to the preliminary ruling, the subsidy rate for the products involved in the case ranged from 2.7% to 14.3%. This is the first anti-subsidy investigation initiated on new energy vehicle products in the EU. Previously, the EU imposed tariffs on a number of Chinese high-tech products, and in response, China has repeatedly said that it will take necessary measures to counteract. China's imposition of anti-dumping duties on EU pork and its by-products is intended to give a strong response.
epilogue
It profoundly reveals the impact of the Sino-US trade war on the relationship between the EU and the mainland, and shows us the complexity and delicacy in international trade. As ordinary netizens, we may not be able to directly participate in these high-level games, but we can express our opinions through comments and likes. Who do you think has the upper hand in this trade war, the mainland or the EU? Come and share your views!