Reported 1 day ago
China's commerce ministry announced a three-month extension of its anti-dumping investigation into EU brandy, originally set to conclude in January 2025. This decision is attributed to the investigation's complexity and follows preliminary findings that indicated potential harm to China's market from EU brandy imports. The extension comes amidst geopolitical tensions, particularly related to France's backing of tariffs on Chinese electric vehicles, with Chinese importers now facing high security deposits for EU brandy shipments.
Source: YAHOO