EU to launch WTO challenge against China's brandy squeeze – DW – 10/08/2024
www.dw.com
Beijing's decision appeared to be a retaliatory move after the European slapped more import tariffs on Chinese-made electric vehicles. Trade relations between Brussels and Beijing have become increasingly strained.

Beijing’s decision appeared to be a retaliatory move after the European slapped more import tariffs on Chinese-made electric vehicles. Trade relations between Brussels and Beijing have become increasingly strained.

The Chinese Commerce Ministry released a list showing the rates each firm would expect to pay, ranging from 30.6% for cognac house Martell to 39% for Jas Hennessy and 38.1% for Remy Martin.

  • @LinkerbaanEnglish
    0•9 hours ago

    So China slapped tariffs on French products instead of on the German cars?

    • PonyOfWarEnglish
      2•8 hours ago

      Germany was against the tariffs while France supported them, so it does make sense.