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EU Claims CN Tariffs on Dairy Products Unjustified
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China's imposition of tariffs on certain EU dairy products lacks justification, even though the final tariff levels are sharply less than those proposed at the preliminary stage, EU trade spokesperson Olof Gill stated, according to AFP. He noted that the EU firmly believes the investigation should not have been initiated, as the evidence provided by the complainant was insufficient to justify such proceedings. Previously, China had levied a five-year tariff on five categories of EU dairy products, with a maximum rate of 11.7%. AASTOCKS Financial News Website: www.aastocks.com |
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