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China Hits EU Brandy Imports with 34.9% Tariff

7/4/2025

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Summary

Story summary

China is set to impose hefty anti-dumping duties of up to 34.9% on EU brandy imports starting July 5, 2025, after uncovering unfair pricing practices. French giants like Pernod Ricard and Rémy Cointreau can sidestep these tariffs by agreeing to minimum pricing. This move intensifies existing trade tensions, particularly surrounding electric vehicle tariffs.

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Story summary

China is set to impose hefty anti-dumping duties of up to 34.9% on EU brandy imports starting July 5, 2025, after uncovering unfair pricing practices. French giants like Pernod Ricard and Rémy Cointreau can sidestep these tariffs by agreeing to minimum pricing. This move intensifies existing trade tensions, particularly surrounding electric vehicle tariffs.