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In an unprecedented move, the European Commission on Monday launched a consultation request at the World Trade Organization against an ongoing investigation by the Chinese authorities into the compatibility of European Union dairy industry subsidies with global trade rules. The opening of consultations is the first step to settle a trade dispute under the WTO framework. Proceedings start with a mandatory period of 60 days for the parties to consult each other. If the consultations do not lead to a satisfactory solution, the European Commission has said it will ask the WTO to set up an adjudicating panel. It is the first time the European Union has challenged a trade investigation at the initial stage, and comes after months of trade tensions between China and the EU over the anti-subsidy probe that the European Commission launched into imports of Chinese-made electric vehicles last October. A final decision on the tariffs is expected within days. Currently after rounds of pai
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