China has new rules on EU brandy – level 3

China has new rules on EU brandy

11-10-2024 15:00

China has introduced temporary anti-dumping measures on brandy imports from the EU, especially affecting famous French brands like Hennessy and Remy Martin.

This comes after the EU voted to impose tariffs on Chinese-made electric vehicles (EVs). According to China’s commerce ministry, EU brandy imports have harmed Chinas domestic industry. France criticized the move, calling it unfair and against free trade principles, and plans to work with the European Commission to challenge it at the World Trade Organization.

Additionally, China announced it is reviewing potential tariff increases on large-engine vehicles, which would heavily impact German manufacturers. These actions are seen as part of growing trade tensions between China and the EU, particularly targeting France, which has supported the new EV tariffs.

Difficult words: anti-dumping (preventing cheap foreign goods from harming local businesses), challenge (to call to prove or justify something), tariff (a tax or duty to be paid on a particular class of imports or exports).

You can watch the video news lower on this page.

What was the reaction of France to China's temporary anti-dumping measures on brandy imports from the EU, and how does it plan to challenge this move?

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