EU launches WTO challenge against China's European dairy subsidies probe
- The European Commission on Monday said it had launched a legal challenge at the World Trade Organisation against the initiation by China of an anti-subsidy investigation against imports of certain dairy products from the EU.
"The EU's action was prompted by an emerging pattern of China initiating trade defence measures, based on questionable allegations and insufficient evidence, within a short period of time," the commission said.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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