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China Threatens Tariffs on EU Amid France's Trade Moves

2/12/2026

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Story summary
  • China may investigate French wines or impose tariffs on EU products if France pursues new tariffs on Chinese goods.
  • This follows France's strategy proposing a 30% tariff on Chinese imports to curb cheap goods.
  • French spirits makers Pernod Ricard and Rémy Cointreau saw stock declines amid concerns about falling exports.
  • The French proposal remains under consideration and does not reflect official EU policy.