After imposing sanctions on energy products from Russia and Belarus, the EU plans to take action again, this time targeting the grain exports of the two countries. According to the Financial Times, the European Commission is about to impose a heavy tax of 95 euros per ton on wheat from Russia and Belarus. This move is expected to deal a major blow to Moscows grain exports and may change the existing pattern of the global grain market.
Among EU member states, countries such as Italy have significantly increased their wheat imports in the past year. However, with the implementation of the new tariffs, farmers in EU countries may face a reduction in the supply of wheat from Russia and Belarus, which theoretically should benefit local farmers. However, the reality may not be so simple. European farmers have already expressed strong dissatisfaction with the large - scale import of Ukrainian wheat, believing that it violates the EUs green regulations and has led to a decline in the price of their own products.
Especially in Poland and other Eastern European countries, farmers dissatisfaction has turned into action. They have blocked railways and held public protests, demonstrating the potential conflict between European agricultural policies and farmers interests. The situation in Italy is particularly bad. According to data from the Italian farmers association Coldiretti, Italy can only produce 36% of the total amount of common wheat and 53% of the corn it needs.
In addition, the EUs plans are not limited to cracking down on grains. It also includes imposing a 50% tariff on Russian oilseeds and their processed products. Although this series of measures aims to weaken Russias economy, the direct result may be a sharp increase in food prices across Europe.
The Financial Times quoted analysts as saying that these new measures could lead to at least a 50% price increase. This surge will not only exacerbate the burden on consumers who are already under pressure due to rising energy prices, but may also force the EU to reconsider its approach.foreign tradeThe long - term sustainability of the Yihe agricultural policy.
Whether the final result can meet the original intention of the EU or will bring more economic and social problems remains to be further observed and analyzed.
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