Trade4go Summary
The Chinese government is reviewing dairy products from the EU, including fresh cheese, curds, and cream, and the effects of subsidy programs in Ireland, Austria, Belgium, Italy, Croatia, Finland, Romania, and the Czech Republic. This action is in response to EU tariffs on Chinese electric vehicles. The Spanish dairy industry, which sells 91 million euros worth of dairy products to China annually, making up 5% of Spain's total exports, is keeping an eye on the situation. The review could potentially impact the European and Spanish dairy markets.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The Chinese government has announced that it will review dairy products such as fresh cheese, curds and cream. The dairy sector is very attentive to its sales to China, a market in which it invoices 91 million euros a year, after the Asian giant has confirmed an anti-subsidy investigation against certain imports of dairy products from the European Union (EU). According to analysts, this is an already anticipated response to the tariffs imposed by Brussels on Chinese electric vehicles. The Chinese government has announced that it will review dairy products such as fresh cheese, curds and cream, and the effects of subsidy programs for the dairy industry in Ireland, Austria, Belgium, Italy, Croatia, Finland, Romania and the Czech Republic. Spain is not named directly, but the national dairy industry association (Fenil) has informed Efeagro that they are keeping an eye on the possible repercussions and, in fact, they say that the investigation that China has started is focused "on the ...