Jul 06 2025BUSINESS
China's Brandy Battle: New Tariffs and Trade Talks
Trade tensions between China and European countries are heating up. China has just slapped new anti-dumping duties on European brandy, especially French cognac. This move comes after a long investigation into whether European brandy was being sold too cheaply in China, hurting local producers. The tariffs, which kick in tomorrow, range from 27. 7% to 34. 9%. They'll...
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