China is rolling back tariffs on European pork from up to 65 per cent down to between five and 20 per cent.
It imposed the tariffs after Europe put a tariff on China’s electrical vehicles.
There has been no word yet about a similar 25 per cent tariff on Canadian pork imposed in March after Canada put a tariff of 100 per cent on Chinese electrical vehicles. China also hit Canada with tariffs of 76 per cent on canola seed and 100 per. Cent on canola oil, meal and peas,
China said its new and lower tariff on European pork will remain steady for five years.
