China Imposes Tariffs on EU Brandy Amid Trade Dispute

The move follows the EU's decision to impose tariffs on Chinese electric vehicles, escalating tensions between Beijing and Brussels.

• China announced provisional tariffs ranging from 30.6% to 39% on European brandy imports, effective from October 11.
• The tariffs are seen as retaliation for the EU's recent approval of tariffs up to 35.3% on Chinese electric vehicles.
• The European Commission plans to challenge China's brandy tariffs at the World Trade Organization, claiming they are unfounded.
• French brandy producers, heavily reliant on the Chinese market, warn that the tariffs could have catastrophic effects on their industry.
• China's actions are part of a broader strategy that includes potential tariffs on other EU imports like pork and dairy products.

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