(Feb 12): China finalised import tariffs on some dairy products from the European Union at as much as 12% following an anti-subsidy investigation, lower than preliminary rates outlined late last year. Other food products — including pork and brandy — were also affected. The final rates on dairy were set at between 7.4% and 11.7%, the ministry said. That compares to initial duties, collected in the form of deposits, of as much as 43% that Beijing had announced in December. European leaders, including French President Emmanuel Macron, have travelled to China in recent months as part of a diplomatic reset.

Source: The Edge Markets February 12, 2026 08:45 UTC