China retaliates with brandy over EU 'electric vehicle tariffs'The application of large cars also suggests

2024.10.08 오후 06:34
The European Union, the EU have decided to impose temporary anti-dumping measures on EU brandy in response to the EU's decision to impose tariffs of up to 45.3% on Chinese electric vehicles.

China's Ministry of Commerce said on its website that there is a risk of significant damage to the Chinese brandy industry due to dumping on EU imported brandy.

As a result, importers will have to make deposits to Chinese customs in accordance with the deposit rate determined in the preliminary decision when importing EU brandy from the 11th.

China's Ministry of Commerce also announced further action against EU-made large vehicles.

A Commerce Department spokesperson said in a separate statement, "We are also studying the increase in tariffs on EU-made high-emission internal combustion engines."

Earlier, China began an anti-dumping investigation into EU brandy in January this year after the EU launched an anti-subsidy investigation into Chinese electric vehicles in October last year.

The target of the survey is Brandi obtained by distilling wine in containers under 200L, which experts say is a move aimed at France, which voted in favor of imposing tariffs on Chinese electric vehicles.

Earlier, China announced an anti-dumping investigation into EU pork in June and an anti-subsidy investigation into EU dairy products in August.

Regarding China's temporary anti-dumping measures, the French Cognac Industry Association called for "the move to retaliate against the EU" and "the authorities should take all measures to avoid the enforcement of these tariffs."



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