China today announced provisional anti-dumping measures on imports of brandy and cognac from the EU, after imposing additional duties on Chinese-made electric vehicles
The European Commission announced today that it will appeal to the World Trade Organization against Chinese measures against imports of brandy and cognac from the European Union, following the EU’s decision to impose additional duties on electric vehicles made in China.
China today announced temporary anti-dumping measures on imports of brandy and cognac from the EU, hitting French brands such as Hennessy and Remy Martin, days after the 27-nation European bloc voted to impose additional tariffs on Chinese-made electric vehicles.
The measures will be implemented on Friday.
“We believe these measures are unfounded and we are determined to defend EU industry from the abusive use of trade defense tools,” a Commission spokesman said.
EU Economy Commissioner Paolo Gentiloni argued that EU action against Chinese-made electric vehicles was “fair and proportionate” and there was no need for retaliation from Beijing.
“I’m never worried,” Gentiloni told a news conference in Luxembourg when asked if he worried there might be more Chinese countermeasures.
France’s trade minister also told Reuters today that France would work with the EU to appeal to the World Trade Organization against new tariffs on imports of European brandy and cognac.
“This announcement seems to be a retaliatory measure after the Commission’s investigation into electric vehicles. Such a retaliatory measure is unacceptable and in complete contradiction to international trade rules,” argued French Trade Minister Sophie Prima.
Source: Skai
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