EU’s new biodiesel tariff increases will harm ties, say analysts

The EU’s tariff measures are at risk of facing a backlash. — China Daily

BEIJING: China’s trade tensions with the European Union (EU), which have been fuelled by a string of tariff increases and protectionist actions by Brussels against Chinese enterprises, could intensify further as the bloc is set to levy provisional duties of up to 36.4% on biodiesel imports from the nation.

The provisional tariffs will come into effect on Aug 16, but their investigation will continue until February, when definitive duties for five years could be set.