China imposes 30.6-39% provisional tariffs on EU brandy in response to EU tariffs on Chinese electric vehicles.

China has announced provisional tariffs on EU brandy imports, ranging from 30.6% to 39%, as retaliation for the EU's recent tariffs on Chinese electric vehicles. The Chinese Commerce Ministry claims that EU brandy is being dumped in China, harming its domestic industry. This escalation reflects rising tensions in trade relations between the two economic partners, with potential implications for future negotiations on tariffs.

October 08, 2024
193 Articles