China puts provisional tariffs on European brandy after EU OKs duties on Chinese EVs
- China has implemented temporary anti-dumping measures on European Union brandy imports, targeting brands like Hennessy and Remy Martin, after the EU approved tariffs on Chinese electric vehicles.
- China's Commerce Ministry stated that an investigation found EU brandy dumping threatens "substantial damage" to its local sector.
- Starting October 11, importers of EU brandy must pay security deposits between 34.8% to 39.0% of the import value.
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Leaning Left8Leaning Right6Center21Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 23%
C 60%
R 17%
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