China puts provisional tariffs on European brandy after EU OKs duties on Chinese EVs

China raises tariffs on European brandy in response to EU's EV duty hike

China has raised tariffs on European brandy imports as part of its response to the European Union’s new tariffs on Chinese electric vehicles (EVs). The move comes after the EU approved duties of up to 45% on Chinese EVs. The EU accuses Beijing of providing subsidies that artificially lower prices and create an unfair advantage for Chinese automakers over European brands. In retaliation, China has increased tariffs on European brandy by as much a…

China targets EU brandy following EV measures; EU to challenge at the WTO

China on Tuesday announced new anti-dumping duties on European brandy in what is widely viewed as tit-for-tat retaliation for the European Union’s vote last week to impose tariffs on Chinese electric vehicles. In a statement from a Chinese Ministry of Commerce spokesperson, Beijing said it also is considering duties on European pork, dairy and cars. The EU, meanwhile, said the new duties are “unfounded” and pledged to challenge the measure at th…

State-Funded 'Victims of Communism' Memorial Delayed After Majority of Names Found to Be Linked to Fascists

The unveiling of Canada's "Victims of Communism" memorial is on hold as officials investigate a report flagging over half its honorees for links to fascism.

China targets EU brandy imports with anti-dumping penalties

Trade retaliation comes after bloc voted to approve steep tariff increases on Chinese electric cars

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