China Decides Against Anti-Dumping Tariffs on EU Brandy

Reported about 1 month ago

China's commerce ministry declared it will not impose provisional anti-dumping tariffs on EU brandy imports despite findings of significant dumping margins. The decision aims to ease tensions amid ongoing trade negotiations, particularly concerning proposed tariffs on Chinese electric vehicles. While the announcement provided temporary relief for EU brandy exporters, potential future actions remain possible, and concerns persist over the broader implications for French cognac exports amid trade disputes.

Source: YAHOO

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