China Imposes Temporary Anti-Dumping Measures on EU Brandy Imports

The measures, effective November 15, are seen as a response to EU tariffs on Chinese electric vehicles.

China's Ministry of Commerce announced temporary anti-dumping measures on brandy imports from the EU, effective November 15.
These measures follow a preliminary investigation that claims EU brandy producers are damaging China's domestic industry.
The measures will replace a previous cash deposit requirement with a letter of guarantee, easing financial burdens on exporters.
The announcement is perceived as a political response to EU tariffs on Chinese electric vehicles, escalating trade tensions.
French officials and cognac producers have called for diplomatic solutions to avoid further economic harm to the brandy sector.