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China Strikes Back: Anti-subsidy Investigation Begins Against Imported Dairy Products From The EU

China has announced the start of an investigation into EU-subsidized dairy imports. The news comes just a day after Brussels published its revised draft to introduce higher tariffs on electric car imports from China.

KEY FACTS 

  • According to information from the state-run Xinhua news agency, China’s Ministry of Commerce is launching an anti-subsidy investigation against imports of dairy products intended for consumption. It is about cheeses, milk and creams.
  • The investigation began following a complaint filed by the China Dairy Association and the China Dairy Industry Association on July 29.
  • China will consider 20 subsidy schemes from across the 27-member bloc, specifically those from Austria, Belgium, Croatia, the Czech Republic, Finland, Italy, Ireland and Romania.
  • According to Chinese customs data, the EU is the second largest supplier of dairy products to China with at least 36% of the total value of imports in 2023. According to data from the European Commission, in 2023 the EU exported to China dairy products worth 1, 7 billion euros ($1.84 billion).
  • In June, the Chinese authorities announced the initiation of another investigation – into the subsidized import of pork and frozen products. The investigation began following a complaint filed by the China Animal Breeding Association. According to data from EU customs, more than half of the pork imported from China in 2023, worth about 6 billion dollars, falls.

KEY STORY 

The European Commission announced the introduction of higher tariffs on electric car imports from China and launched an investigation into the excessive amount of subsidies the state provides to the sector. The EU believes that cheap imports from China are undermining the European market. The tariffs were preliminary and were put in place while the investigation is still ongoing. 

China says the measures are protectionist and has threatened to retaliate with its own tariffs on a number of sectors, including pork, large-engine cars and spirits. Beijing also disputes the measures before the WTO.

According to the EC’s final proposal, the Chinese companies that will be hit the hardest by the higher tariffs are SAIC Motor Corp., Volvo Car parent company AB Geely and BYD. They face additional duties of 36.3%, 19.3% and 17% respectively. These duties will be added to the existing 10% levy on EV imports into the EU.

The final decision will be taken only after the publication of the final regulation by 30 October 2024 at the latest. All potential measures will be in force for a period of 5 years, which may be extended.

WHAT TO WATCH FOR

Rates may still change before they become final. The parties have the right to dispute this proposal within 10 days after its publication. Their comments will be considered and taken into account. Chinese companies condemned the EC’s decision and described the tariffs as “unfair”.

Meta’s Muse Charm Is More Than A Gimmick — It’s A Bet On Fashionable AI

Meta’s newly announced Muse Charm is already prompting a familiar question: is this a clever attempt to make AI feel more approachable to mainstream consumers, or simply the latest entry in a growing graveyard of flashy hardware that failed to catch on?

Early reactions have been mixed. But one thing is clear: the form factor is timely. In a market increasingly shaped by aesthetics, personalization, and nostalgia, the Charm arrives with the right visual language for the moment.

A Device Designed For A Generation That Likes To Carry Its Personality

For Gen Z consumers, especially, the idea of technology as an accessory is hardly far-fetched. In the post-Labubu era, dangling objects have become cultural currency — from keychains and mini plush toys to beauty products reimagined as bag charms. The appeal is not purely decorative. These items function as signals of identity.

That is precisely why the Charm may resonate. Like the beauty-bag charm trend seen across products such as lip glosses, hand sanitizers, and fragrances, the Muse Charm blends utility with self-expression. It is not just a device. It is a style object.

Hailey Bieber’s Rhode lip case helped push that idea into the mainstream by turning a lip product into something closer to a fashion accessory. The brand’s commercial success underscored how powerful that overlap can be: beauty and utility are no longer separate categories, but increasingly part of the same consumer logic.

The same goes for Labubu, the fuzzy collectible that evolved from niche toy to global phenomenon. While demand for the character may have cooled, the broader bag-charm category has not. Analysts now expect the global market for these accessories to surpass $1 billion by 2030.

The Charm Fits A Wider Retro-Tech Revival

Meta’s Muse Charm also taps into a broader retro-tech movement that has been gaining momentum. Digital cameras, flip phones, iPods, CDs, cassette tapes, wired earbuds, and even landline phones are all finding new life among younger consumers who are increasingly skeptical of always-on, algorithmically optimized technology.

That skepticism has created room for objects that feel tangible, controllable, and personal. For many young people, especially women driving a great deal of this trend, physical tech offers something the digital world often does not: a sense of ownership.

That is part of the appeal behind the growing popularity of so-called cyberdecks, DIY portable computers that are often decorated with jewels, flowers, stickers, pearls, and other embellishments. The point is not just function. It is intimacy.

The Apple Watch Trend Shows The Market Already Exists

There is another, more immediate reference point for Muse Charm: the growing TikTok-driven trend of turning older Apple Watches into keychains, pendants, and bag accessories. Across Amazon, Walmart, eBay, and Etsy, thousands of such products already exist, ranging from practical straps to decorative cases.

In many cases, these items are being worn less as gadgets and more as fashion objects. That distinction matters. It suggests the market is already primed for devices that blur the line between technology and accessory — especially when the technology is small enough to personalize and visible enough to signal taste.

In that sense, Meta is not inventing a new behavior so much as trying to package an existing one.

Meta’s Biggest Challenge Is Not Design. It Is Trust.

Still, good timing does not guarantee success. The biggest obstacle facing Muse Charm may not be product-market fit, but Meta itself.

The company has spent years eroding consumer trust through repeated privacy controversies, regulatory penalties, and public scrutiny over harms to minors. That history is difficult to separate from any new device that asks users to invite Meta even deeper into their daily lives.

And that is the central tension. If Muse Charm is positioned as a free or low-cost AI companion, the real currency may not be the hardware itself but the data it generates. Meta has said it plans to monetize Muse through a small transaction fee, but the broader business model is unmistakable: highly personalized advertising powered by highly personal behavior.

For consumers, the calculation may come down to a familiar tradeoff. The device may be playful, fashionable, and culturally on point. But whether users are willing to trust Meta with another layer of their lives is a far harder question.

That may ultimately determine whether Muse Charm becomes a breakout product — or just another well-designed gadget that could not overcome the baggage of the company behind it.

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