China Imposes Tariffs on EU Brandy Imports

China Imposes Tariffs on EU Brandy Imports

Business

China has announced that it will impose anti-dumping duties ranging from 27.7% to 34.9% on brandy imports from the European Union, effective July 5, for a period of five years, CE Report quotes ANSA.

The announcement was made by the Ministry of Commerce, which stated that this is the final decision in its anti-dumping investigation. The ministry concluded that brandy imported from the EU constitutes dumping, that it poses a significant threat of damage to the domestic industry, and that there is a causal link between the dumping and that threat.

This move is expected to further escalate trade tensions between Beijing and the European Union.

Tags

Related articles

Greece Cancels 1,400 Inactive Investment Plans
Greece will cancel around 1,400 stalled investment plans approved under the 2004 and 2011 development laws, according to an amendment introduced by Development Minister Takis Theodorikakos on Thursday.
SKY express Expands Fleet with New A320neo
SKY express has added a new Airbus A320neo to its fleet, marking its 11th of this model and 28th aircraft overall.
EIB: Credit Demand Up, Supply Tight in Bulgaria
Credit demand in Bulgaria has increased over the past six months but supply conditions have sharply deteriorated, according to the European Investment Bank’s latest CESEE Bank Lending Survey.
Greece Wins EU Budget Flexibility
Greek Economy and Finance Minister Kyriakos Pierrakakis hailed the EU’s approval of the national escape clause as a "strategic victory" for Greece and a sign of Europe’s institutional maturity.
Hellenic Lawyers Summit Opens in Athens
President of the Hellenic Republic Constantine Tassoulas opened the 1st Global Summit of Hellenic Lawyers 2025, held under the theme “Defending Democracy, the Rule of Law, and Justice – Global Challenges and the Role of Artificial Intelligence.”
Bulgaria Ranks 2nd in EU Retail Growth
Bulgaria recorded the second-fastest retail sales growth in the EU in May 2025, according to Eurostat data released Monday.
Athens Stocks Set 8-Month Record
The Athens Stock Exchange has posted an unprecedented 8-month streak of gains from November 2024 to June 2025, marking a historic performance in its history.
Greece Speeds Up Economic Reforms
The Greek government has announced an accelerated push for economic reforms, including the rollout of three new European subsidy funds worth €8 billion, a new labor bill, and new regulations for building in small settlements with under 2,000 residents.