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After EU's Tariffs on Chinese EVs, Beijing Investigates European Pork | Vantage with Palki Sharma
In a tit-for-tat move, Beijing has opened a probe into pork supplies from the European Union (EU). This comes after Brussels decided to move forward with a plan to slap tariffs on Chinese Electric Vehicles (EVs). The bloc has been raising complaints about the "oversupply" of Chinese EVs. The import tariffs were supposed to contain it. According to Bloomberg, China is the EU’s biggest overseas market for pork. The EU's pork trade with China was worth $1.83 billion last year. Sellers in Spain, Denmark and the Netherlands are said to be the biggest beneficiaries of this trade. Palki Sharma tells you more.
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China | European Union | Tariff War | Trade | Economy | EV | Pork | Food | BYD | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#china #europeanunion #tradewar #electricvehicle #pork #food #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
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