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CHINESE FIRMS ASK FOR INVESTIGATIONS INTO EU'S AG SUBSIDIES IN RESPONSE TO RAISED EV DUTIES
Reuters reports:

BEIJING - Chinese firms have asked the government to launch an anti-dumping investigation into pork imports from the European Union, as well as an anti-subsidy investigation into EU dairy, according to state media.

The move, seen as retaliation for new EU tariffs of up to 38.1% on imported Chinese elective vehicles from July, may risk escalating trade tensions.

Below are industries that may be probed by China.

*Pork,

*Dairy,

*Cars,

*Brandy, and

*Plastic.

To read the entire report click here.


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