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The Independent UK
The Independent UK
World
Via AP news wire

China imposes anti-dumping duties on European brandy as trade tensions rise

European Union China Europe Wang Yi JeanNoël Barrot China Commerce Ministry France
China EU Tariffs - (Chinatopix)

China on Friday imposed anti-dumping duties on European brandy, most notably cognac produced in France, as trade tensions between Beijing and United States allies continue to rise.

The tariffs, effective on Saturday, will range from 27.7% to 34.9%, China's Commerce Ministry said. They are to be in place for five years and will not be applied retroactively.

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