Beijing warns EU of possible trade war ...News

Russia Today - Economy
Beijing warns EU of possible trade war
source : Russia Today ( News ) () 43
Tariff hikes on the Asian country’s exports are creating friction, according to China’s commerce ministry The European Union could trigger a “trade war” if it continues to escalate tensions, China’s commerce ministry has warned, accusing the bloc of unfair practices during its eight-month anti-subsidy probe into Chinese electric vehicles. The warning comes after the EU’s announcement last week of hefty new tariffs of up to 38% on Chinese EV makers, to which Beijing responded by launching an anti-dumping investigation aimed at certain pork products from the bloc. Beijing previously warned that it would target the E

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