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China will impose tariffs of up to 19.8% on pork imports from the European Union, a drastic drop from preliminary tariffs of up to 62.4%, its Commerce Ministry said Tuesday.
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The ministry’s announcement followed an investigation the Chinese side launched into imports of pork from the trading bloc after the EU imposed provisional tariffs on China-made electric vehicles.
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Beijing also levied anti-dumping duties on European brandy, most notably cognac produced in France, though major brandy producers received exemptions. Imports of dairy products from the EU likewise were subject to anti-dumping probes.
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The EU runs a massive trade deficit with China: over 300 billion euros ($348 billion) last year. However, the trading bloc is a major exporter of pork and key supplier of byproducts such as ears, snouts, feet and other items considered to be delicacies in China.
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In September, China ordered preliminary anti-dumping duties, in the form of security deposits, of 15.6% to 32.7% for pork imports from EU companies that collaborated with the anti-dumping investigation, and up to 62.4% for all others.
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China’s Commerce Ministry concluded that the EU was dumping pork and pig by-products in China, selling them at prices below production costs or domestic market prices, and harming China’s pork industry. The final tariff rates of 4.9%-19.8% are due to take effect beginning Wednesday and last for five years.
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Spain, the Netherlands and Denmark will be the most affected.
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The Commerce Ministry said the new tariff will apply to all kind of pork products, fresh, chilled, frozen, dried, pickled, smoked or salted.
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It said it had reached its conclusions in an “objective, fair and impartial manner.”
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EU exports of pork products to China peaked at 7.4 billion euros ($7.9 billion) in 2020 when Beijing turned to imports to meet domestic demand after its pig farms were devastated by a swine disease. But it has reduced imports as it has rebuilt its herds.
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