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China Daily / 2024-10 / 10 / Page008

Prevent China-EU trade relations from reaching a point of no return

By Wu Yixue | China Daily | Updated: 2024-10-10 00:00
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A trade war does more harm than good to both sides. Which is why China has always advocated the use of dialogue and negotiation to resolve economic and trade disputes. However, China is unshakable in its determination to safeguard its rights and interests and those of its enterprises, and will resolutely take countermeasures against those who persist in going down the wrong road.

The Ministry of Commerce announced on Tuesday that it will impose temporary antidumping measures on brandy originating from the European Union while conducting antidumping investigations into certain pork and pig by-products imported from the EU and an antisubsidy probe into certain dairy products imported from the EU. China is also exploring the possibility of increasing tariffs on imported fuel-powered cars with large-displacement engines.

All these moves came days after a sufficient number of EU member states voted to impose additional tariffs of up to 35.3 percent on top of the existing 10 percent levy on electric vehicles made in China.

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