Implication from EU Dairy Product Tariff CITI'S TAKE Vi e w p o i n t | 24 Dec 2025 00:16:34 ET │ 15 pages Youran Dairy (9858.HK) China has announced to impose provisional duties of 21.9-42.7% on certain dairy products imported from EU effective 23 Dec 2025. The duties mainly target cheese and whipping cream, of which we estimate EU has a volume share of 20.7%. We expect EU's share in related products to be replaced by domestic solid dairy product processing business given lower cost than import, which help ...