China orders tariffs of up to 42.7% on European dairy products

HONG KONG (AP) — China will impose up to 42.7% of provisional tariffs on dairy products including milk and cheese imported from the European Union, its Commerce Ministry said Monday. The elevated duties, which take effect Tuesday, were based on preliminary results from an investigation opened by China’s Commerce Ministry in August 2024 as tensions between Beijing and Brussels flared. Beijing reviewed subsidies provided by EU countries for their dairy and other farm products. Beijing’s probe was launched as part of tit-for-tat measures as the EU investigated Chinese subsidies on electric vehicles, and later imposed tariffs as high as 45.3%…