Beijing’s move appears to be a retaliatory measure after the European Union imposed new tariffs on electric vehicles made in China. Trade relations between Brussels and Beijing have become increasingly close. Business China
Beijing’s move appears to be a retaliatory measure after the European Union imposed new tariffs on electric vehicles made in China. Trade relations between Brussels and Beijing have become increasingly close. https://p.dw.com/p/4lXUX
The European Commission has announced that it opposes the anti-dumping measures announced by China on brandy imports at the WTO.
Image: James Arthur Gekiere/dpa/Belgium/photo alliance
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The European Union announced on Tuesday that it will appeal to the World Trade Organization (WTO) against China’s decision to impose anti-dumping measures on brandy imported from the bloc. “The European Commission will challenge before the WTO the announced imposition of provisional anti-dumping measures by China on imports of brandy from the EU,” the European Commission’s spokesperson for trade said in a press statement , Olof Gill. “We believe these measures are unfounded and we are determined to protect European industry against the abuse of trade defense instruments,” added Gill. China’s Ministry of Commerce released a list showing the tariffs each company expects to pay, ranging from 30.6% for cognac house Martell to 39% for Jas Hennessy and 38.1% for Remy Martin .
