China Announces Anti-Dumping Measures on EU Brandy

China's Ministry of Commerce has announced temporary anti-dumping measures on brandy imports from the European Union (EU), effective November 15. This decision follows a preliminary investigation that found EU producers were engaging in dumping practices that threaten the domestic brandy industry. Importers will need to pay deposits based on dumping margins ranging from 30.6% to 39%. The measures are perceived as retaliatory, occurring after the EU imposed tariffs on Chinese electric vehicles, and have sparked discontent among French producers, particularly in the cognac sector. French officials have expressed concern over the impact of these measures, indicating a willingness to pursue legal avenues if necessary. The situation reflects ongoing trade tensions between China and the EU, exacerbated by recent regulatory actions on both sides.