China issues anti-dumping ruling on European pork, charges deposits

The trade wars are heating up! Progress on global free trade, pursued since 1945, is suffering another setback!

Well, the Communist Party of China has practiced mercantilism for several decades without much resistance from the West.

"China has made a preliminary determination that Europe is dumping pork and pork by-products into its market, causing “material injury” to the domestic industry, Beijing’s Ministry of Commerce said on Friday. ..."

China issues anti-dumping ruling on European pork, charges deposits | South China Morning Post "Ministry of Commerce says importers covered by preliminary judgment must provide cash deposits with shipments"