foreigntrade
European pigs have found themselves at the centre of a trade tug-of-war. Pork is a hugely important and lucrative export for many European Union nations. The opening on Monday of a Chinese probe into EU pork imports has caused concern for farmers who make a significant portion of their money from exports to China. The investigation will cover various products including fresh and frozen pork meat, intestines and other internal organs. The announcement says it is expected to take one year, with a possible six-month extension. In parts of France like Ille-et-Vilaine, farmers can make between 10-1...
Euronews (English)
The European Union (EU) has recently revealed that it has provisionally concluded that it would be applying tariffs to Chinese electric vehicles (EVs) of up to 38.1%. This is in order to curb the flood of much cheaper Chinese electric vehicles that are being imported into the EU, which in turn is posing a competition threat to European-made EVs. The main Chinese automakers which could potentially face increased tariffs are Geely, which could see tariffs of 20%, BYD, at 17.4% and SAIC, at 38.1%. Other Chinese EV producers are also likely to see tariffs range between 21% to 38.1%, depending on w...
Euronews (English)
Europe has all of the ingredients for reliable economic growth: a strong workforce of skilled and unskilled workers, a stable political climate, and an easy-to-navigate single market. The obvious question is why economic expansion is still stagnating — with only 0.5% estimated growth in 2023, as reported by the European Commission). The more interesting question is how to address it. The answer is that Europe’s long-term economic prospects will not be created by intra-European initiatives alone but instead on growing relationships with rapidly expanding frontier markets like Africa. Important,...
Euronews (English)
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