China targets EU brandy after electric car sanctions ...News

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China targets EU brandy after electric car sanctions
source : Russia Today ( News ) () 97
Beijing’s duties follow the bloc’s tariff hike amid warnings of a ‘trade war’ Beijing has imposed provisional tariffs on brandy originating from the European Union, days after EU countries backed duties on Chinese-made electric cars. The temporary anti-dumping levies on liquors imported from the EU will range from 30.6% to 39.0% and will come into force on October 11, the Chinese Ministry of Commerce said in a statement on Tuesday. The ministry did not specify how long the duties, which are to be paid in the form of a deposit with the Chinese customs agency, will be in effect. China’s Commerce Ministry launched an

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