this post was submitted on 17 Jun 2024

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Spain seeks to avert trade war after China announces pork anti-dumping probe (www.reuters.com)

submitted 4 months ago by zephyreks@lemmy.ml to c/worldnews@lemmy.ml

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[–] sunzu@kbin.run 2 points 4 months ago* (last edited 4 months ago)

That's correct. Dumping is a trade practice when selling priced under COGS, generally to drive competition out of business but there are various reasons.