China puts provisional tariffs on European brandy after EU OKs duties on Chinese EVs
- China announced provisional tariffs of 30.6% to 39% on European brandies, impacting brands like Remy Martin, after the EU approved duties on Chinese electric vehicles.
- The tariffs require importers to deposit the tariff amount with the Chinese customs agency starting Friday.
- China's Commerce Ministry found European brandy dumping in August, which could harm local producers, leading to these investigations.
85 Articles
85 Articles
China puts provisional tariffs on European brandy after EU OKs duties on Chinese EVs
Chinese drinkers may pay more for Remy Martin and other European brandies after the government announced provisional tariffs of 30.6% to 39% on those liquors Tuesday, four days after a majority of European Union countries approved duties on electric vehicles made in China.
China raises tariffs on European brandies as EU countries approve duties on Chinese EVs
Chinese drinkers may pay more for Remy Martin and other European brandies after the government announced provisional tariffs of 30.6 per cent to 39 per cent on those liquors Tuesday, four days after a majority of European Union countries approved duties on electric vehicles made in China. The tit-for-tat move potentially gives Chinese negotiators leverage in talks with the EU on reducing or eliminating the tariffs of up to 35.3 per cent on Chine
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