Retaliation for tariffs on electric cars initially hits FrieslandCampina, French ELVIR, and Italian Sterilgarda Alimenti, writes Dairy Industry Newsletter.
Back in August, the Chinese Ministry of Commerce announced an anti-subsidy investigation into the EU’s dairy sector. Now, they are ready for the next step targeting companies from France, the Netherlands, and Italy, writes Dairy Industry Newsletter. This comes after lawmakers in these countries voted to impose tariffs of up to 45% on imported Chinese electric cars. The affected companies include ELVIR from France, FrieslandCampina from the Netherlands and Belgium, and Italy’s Sterilgarda Alimenti. The selection of companies is based on their export volume, product portfolio, and geographical distribution, writes Dairy Industry Newsletter, citing a statement from the Chinese Ministry of Commerce.