PHEU imposes high tariffs on Chinese EV vehicles because of accusation of Chinese government subsidies in their EV sector. China retaliated: they will impose high tariffs on pork being exported by the EU to China based on the same line of argument: EU subsidises pork industry of EU countries. Several countries in the EU would be badly hit by China's retaliation: Netherlands, Spain, Belgium, Germany, and Denmark. All these countries export pork a lot to China. This trade war between EU and China is good news for other pork exporting countries to China.
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Tariffs War
- Thread starter ZummerSoltice
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