US EditionChina to Require Major EU Brandy Exporters to Raise Prices – or Face Tariffs
- China imposed anti-dumping duties up to 34.9% on European brandy starting July 5, targeting mainly French cognac exports.
- These tariffs followed a 2024 probe that found dumping by EU brandy exporters amid escalating trade tensions after the EU's October 2024 duties on Chinese electric vehicles.
- Thirty-Four European brandy producers, including major French cognac makers, agreed to raise prices above a set minimum to avoid these tariffs.
- European Commission spokesman Olof Gill called China's measures unfair and inconsistent with international rules, while China emphasized solving trade frictions through dialogue.
- The tariffs mark a serious source of economic friction as China and the EU prepare a July summit to mark 50 years of diplomatic ties amid unresolved trade disputes.
11 Articles
11 Articles
BEIJING—China imposed anti-dumping tariffs on European brandy, especially cognac produced in France, on Monday as trade tensions between Beijing and U.S. allies escalate.
China to require major EU brandy exporters to raise prices – or face tariffs
China will require major European brandy exporters to raise prices or risk anti-dumping taxes of up to 34.9 percent from Saturday, the latest salvo in its long-running trade spat with the bloc. Cognac bottles are seen on display at a liquor store in Beijing on July 4, 2025. Photo: Greg Baker/AFP. Almost all EU brandy is cognac produced in France, exports of which to China are worth 1.4 billion euros (US$1.6 billion) per year. Beijing launched an…
China Imposes 5-Year Tariffs on EU Spirits Over Below-Cost Pricing - The Dubrovnik Times
China has decided to impose tariffs on imports of spirits from the European Union for five years, after determining that companies were selling them on the Chinese market at prices below production costs, the Ministry of Commerce announced on Friday. Tariffs ranging from 27.7% to 34.9% will be levied starting Saturday and will remain in effect for five years, the ministry stated. Companies that voluntarily commit to selling their spirits at a fi…
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