Latest news with #EvenRogersPay
Irish Independent
14 hours ago
- Automotive
- Irish Independent
China extends EU dairy probe into 2026, citing case ‘complexity'
When the investigation was first launched in the second half of last year, it was widely feared to be part of a tit-for-tat reciprocation in response to EU countries voting to impose tariffs on electric vehicle (EV) imports from China. Yesterday, China extended its investigation into whether EU members are illegally subsidising dairy that is then sold for export. The Ministry of Commerce said it had prolonged the investigation period to February 21, 2026, citing the case's complexity. In June, an investigation into European pork was similarly extended, leaving exporters on tenterhooks at a time of heightened global trade tensions and a push within the EU to expand into new non-US markets. Trade tensions between China and the EU erupted in 2023 when the European Commission launched an anti-subsidy probe into Chinese-made electric vehicles, accusing Beijing of flooding the market with state-backed exports. In April this year, a European Commission spokesperson said the EU and China had agreed to look into setting minimum prices of Chinese-made EVs instead of tariffs imposed by the EU last year. The two sides have yet to reach a deal. China's move in relation to food imports means its response to barriers against its EVs hits EU member states, including Ireland, that do not produce cars that compete with Chinese-made models, but do value access to Chinese consumers. So far, Irish farmers and producers have largely escaped the backlash. The Chinese complaint relates to a sub-sector of dairy products, including cheeses. Most Irish cheese exports are directed to the UK and EU markets. Irish exports are skewed more to butter and milk-derived dairy ingredients used in baby powders and other whey-based products. However, the case highlights the growing trend away from market access across the globe, not just in the US where a tariff regime is now becoming firmly entrenched. 'Beijing is still hoping to come to terms with the EU on a long list of trade conflicts,' said Even Rogers Pay, an analyst at Beijing-based Trivium China, who specialises in agriculture. 'This investigation – along with the investigation into EU pork, which was extended in June – are significant bargaining chips in the ongoing negotiations around the EU's tariffs on Chinese new energy vehicles,' she said.
Qatar Tribune
21 hours ago
- Business
- Qatar Tribune
China extends probe into EU dairy products
Agencies China extended on Monday its anti-subsidy investigation into European Union dairy imports by six months, showing little sign of let up in a two-front trade war with Brussels and Washington that threatens to upend its export-orientated growth model. The Ministry of Commerce said it had prolonged the investigation period to February 21, 2026, citing the case's complexity. Beijing's decision to extend its probe into some EU cheese, milk and cream products comes after it rolled over in June an investigation into European pork, of which it is also a major buyer, and in July announced duties on EU brandy producers - though major cognac makers were spared provided they sell at or above a minimum price. China is seeking a lasting trade truce with the United States and EU to preserve its export engine as it struggles with the prospect of overhauling its economic model, analysts say, with domestic demand still in the doldrums. Trade tensions between China and the EU erupted in 2023 when the European Commission - which oversees the bloc's trade policy - launched an anti-subsidy probe into China-made electric vehicles (EVs), accusing Beijing of flooding the market with state-backed exports. In April this year, a European Commission spokesperson said the EU and China had agreed to look into setting minimum prices of Chinese-made electric vehicles instead of tariffs imposed by the EU last year. The two sides have yet to reach a deal. 'Beijing is still hoping to come to terms with the EU on a long list of trade conflicts,' said Even Rogers Pay, an analyst at Beijing-based Trivium China who specializes in agriculture. 'This investigation - along with the investigation into EU pork, which was extended in June - are significant bargaining chips in the ongoing negotiations around the EU's tariffs on Chinese new energy vehicles,' she said. China originally announced the dairy probe a year ago, a day after Brussels revised duties on Chinese-made electric vehicles but refrained from abandoning them as Beijing had urged.
Kuwait Times
a day ago
- Business
- Kuwait Times
China extends probe into EU dairy products
BEIJING: A customer checks a cheese imported from Europe at a supermarket in Beijing.-- AFP BEIJING: China extended on Monday its anti-subsidy investigation into European Union dairy imports by six months, showing little sign of let up in a two-front trade war with Brussels and Washington that threatens to upend its export-orientated growth model. The Ministry of Commerce said it had prolonged the investigation period to February 21, 2026, citing the case's complexity. Beijing's decision to extend its probe into some EU cheese, milk and cream products comes after it rolled over in June an investigation into European pork, of which it is also a major buyer, and in July announced duties on EU brandy producers - though major cognac makers were spared provided they sell at or above a minimum price. China is seeking a lasting trade truce with the United States and EU to preserve its export engine as it struggles with the prospect of overhauling its economic model, analysts say, with domestic demand still in the doldrums. Trade tensions between China and the EU erupted in 2023 when the European Commission - which oversees the bloc's trade policy - launched an anti-subsidy probe into China-made electric vehicles (EVs), accusing Beijing of flooding the market with state-backed exports. In April this year, a European Commission spokesperson said the EU and China had agreed to look into setting minimum prices of Chinese-made electric vehicles instead of tariffs imposed by the EU last year. The two sides have yet to reach a deal. 'Beijing is still hoping to come to terms with the EU on a long list of trade conflicts,' said Even Rogers Pay, an analyst at Beijing-based Trivium China who specializes in agriculture. 'This investigation - along with the investigation into EU pork, which was extended in June - are significant bargaining chips in the ongoing negotiations around the EU's tariffs on Chinese new energy vehicles,' she said. China originally announced the dairy probe a year ago, a day after Brussels revised duties on Chinese-made electric vehicles but refrained from abandoning them as Beijing had urged. – Reuters
The Star
07-08-2025
- Business
- The Star
China extends probe on imported beef in respite for global suppliers
BEIJING/CHICAGO: China has extended for three months an investigation period for beef imports, the commerce ministry said on Wednesday (Aug 6), giving global suppliers a breather from the prospect of trade curbs as the domestic industry battles to reduce a supply glut. The inquiry, launched last December, came as slowing demand squeezes the world's largest market for imports and consumption, but does not target a particular country. Trade measures to reduce imports could hit major suppliers such as Argentina, Australia and Brazil, after China has already restricted imports from the United States. The investigation will now run until Nov 26, the ministry said, citing "the large volume of investigative work and the complexity of the case". It also pledged to ensure a "healthy and stable" global trade environment by communicating with all parties. "It's definitely a relief to beef exporters," said Even Rogers Pay, agriculture analyst at Trivium China. "The extension buys Beijing a few months to see whether the domestic industry can regain profitability without safeguards, and hopefully to make progress on other issues with major beef exporters." Although trade measures such as quota curbs were still not completely off the table, it was more likely something could be worked out quietly rather than being imposed, she added. Authorities have ramped up support for the industry, including financial measures. In July, an agriculture ministry official said beef cattle farming had been "generally profitable" for three consecutive months. China imported a record 2.87 million metric tonnes of beef in 2024, but imports of 1.3 million metric tonnes for the first half of 2025 were down 9.5% on the year. China has restricted imports of American meat by not renewing registrations that permitted shipments from hundreds of US beef facilities after they expired in March, according to the US Meat Export Federation, an industry group. "The vast majority of our plants aren't eligible to ship to China presently," federation spokesperson Joe Schuele said. "While the safeguard investigation is important, it's not at the top of our minds. The most urgent situation is to get our plants registered for China." Without exports to China, the federation estimated the US beef industry's lost opportunities at about US$4 billion annually. "Consistent and transparent plant approvals, without expiration, were among the most important components of the 2020 Phase One Agreement with China," federation President Dan Halstrom said, referring to the trade pact signed during US President Donald Trump's first term. "It's time for China to return to those commitments." - Reuters
Straits Times
06-08-2025
- Business
- Straits Times
China extends probe on imported beef in respite for global suppliers
Sign up now: Get ST's newsletters delivered to your inbox China has extended for three months an investigation period for beef imports. BEIJING/CHICAGO - China has extended for three months an investigation period for beef imports, the commerce ministry said on Aug 6, giving global suppliers a breather from the prospect of trade curbs as the domestic industry battles to reduce a supply glut. The inquiry, launched in December 2024, came as slowing demand squeezes the world's largest market for imports and consumption, but does not target a particular country. Trade measures to reduce imports could hit major suppliers such as Argentina, Australia and Brazil, after China has already restricted imports from the United States. The investigation will now run until Nov 26, the ministry said, citing 'the large volume of investigative work and the complexity of the case'. It also pledged to ensure a 'healthy and stable' global trade environment by communicating with all parties. 'It's definitely a relief to beef exporters,' said Ms Even Rogers Pay, agriculture analyst at Trivium China. 'The extension buys Beijing a few months to see whether the domestic industry can regain profitability without safeguards, and hopefully to make progress on other issues with major beef exporters.' Although trade measures such as quota curbs were still not completely off the table, it was more likely something could be worked out quietly rather than being imposed, she added. Authorities have ramped up support for the industry, including financial measures. In July, an agriculture ministry official said beef cattle farming had been 'generally profitable' for three consecutive months. China imported a record 2.87 million metric tons of beef in 2024, but imports of 1.3 million metric tons for the first half of 2025 were down 9.5 per cent on the year. China has restricted imports of American meat by not renewing registrations that permitted shipments from hundreds of US beef facilities after they expired in March, according to the US Meat Export Federation, an industry group. 'The vast majority of our plants aren't eligible to ship to China presently,' federation spokesperson Joe Schuele said. 'While the safeguard investigation is important, it's not at the top of our minds. The most urgent situation is to get our plants registered for China.' Without exports to China, the federation estimated the US beef industry's lost opportunities at about US$4 billion (S$5.2 billion) annually. 'Consistent and transparent plant approvals, without expiration, were among the most important components of the 2020 Phase One Agreement with China,' federation President Dan Halstrom said, referring to the trade pact signed during US President Donald Trump's first term. 'It's time for China to return to those commitments.' REUTERS
