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2024-05-21 05:01:44

China Threatens Retaliation Against EU Investigations, Targeting Wine, Dairy, and Aircraft on Nostr: China Threatens Retaliation Against EU Investigations, Targeting Wine, Dairy, and ...

China Threatens Retaliation Against EU Investigations, Targeting Wine, Dairy, and Aircraft
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#ac1676e0 ver:0.32

China threatens retaliation against EU investigations, targeting wine, dairy, and aircraft. EU probes into Chinese subsidies have prompted warnings from Beijing. If investigations continue, China may hit back by targeting industries that account for 3% of Chinese imports from Europe. Escalation could increase risks for global companies. China has a history of targeting food and beverages in trade disputes. EU argues its industries are at risk from China's subsidized production and lack of fair access to Chinese markets. Europe supports farmers with subsidies and seeks to keep agriculture separate from broader trade disputes. #China #EU #trade #retaliation...

#newstr #China #EuropeanUnion #TradeDispute #Tariffs #Investigations #Subsidies #AgriculturalGoods #Wine #Dairy #Aircraft

https://here.news/story/ac1676e0?ver=0.32
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