China has been said to have initiated an investigation into the dairy subsidies provided by the European Union (EU) following its decision to hike tariffs on Chinese electric vehicles.
Rabobank Senior Agricultural Analyst Emma Higgins discusses how New Zealand might benefit from the ongoing trade tensions between the EU and China.
She explains this investigation could disrupt $600 million worth of dairy trade, mainly affecting liquid cream and various cheeses from Europe.
Higgins also touches on China's overproduction issues and how this could impact global dairy markets.
With New Zealand already a key exporter to China, she tells Dom the country is well-positioned to step up if trade disruptions occur.
Listen to the full chat between Emma Higgins and Dominic George above.
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