China’s provisional tariffs on EU pork exports, which amount to more than US$2 billion (about R17,4 billion) per year, are threatening to erode profit margins for the bloc’s producers. - Advertisement -The anti-dumping duties of up to 62,4% on EU pork products came into effect this week, Reuters reported. Accounting for about one-quarter of EU pork exports, China is the EU’s largest market, with shipments to the former increasing by 4% in the first six months of this year, following a decline in the previous three years, the report said. In June this year, Chineses authorities announced a decision to extend the investigation for another six months, raising hopes among EU pork producers that a resolution could be reached for the broader EV dispute. According to Reuters, Spanish producers stood to lose the most because almost half of EU pork exports to China originated there, while shipments from the Netherlands, Denmark, and France also represented large proportions.