Reported about 1 year ago
China has intensified pressure on the EU by launching an anti-dumping investigation into European brandy imports and implementing provisional tariffs on Chinese-made electric vehicles. Ahead of the EU confirming tariffs on Chinese EVs, China urged negotiations while hinting at possible retaliation through another investigation on EU pork imports. China plans a hearing to discuss claims of underpriced European brandy, engaging major brands like Martell and Remy Martin. Amid efforts to avoid a tariff war, China is open to negotiations but vows to protect its firms, with ongoing talks expected during the four-month provisional EV tariffs period.
Source: YAHOO