The European Union launches WTO case against Chinese tariffs on brandy exports

Published 2024년 11월 27일

Tridge summary

The European Union has initiated a World Trade Organization dispute against China over the latter's imposition of tariffs ranging from 30.6% to 39% on EU exports of brandy, primarily cognac from France. This action is in response to China's anti-dumping investigation and countervailing duties on Chinese-made electric vehicles. The dispute's early stages include a request for consultation, which China has received and accepted, and potential progress in EU-China negotiations towards a deal aimed at mitigating the impact of tariffs on European electric cars. However, disagreements persist on key aspects of these negotiations, indicating a complex and protracted process ahead for resolving these trade disputes.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China has 10 days to respond after request for consultation formally lodged at the World Trade Organization on Monday The European Union has launched a World Trade Organization case against Chinese tariffs on the bloc’s exports of brandy in the latest gambit in an increasingly tense trade dispute. Last month, China’s Ministry of Commerce announced it would start collecting provisional anti-dumping duties ranging from 30.6 per cent to 39 per cent on liquors, mainly on cognac shipments from France. The move was broadly seen as retaliation against the European Commission’s anti-subsidy investigation and subsequent countervailing duties of up to 35.3 per cent on Chinese-made electric vehicles. A request for consultation was formally lodged at the Geneva body on Monday. It is the first step in a dispute settlement process, to which China has 10 days to respond. If the dispute is not resolved through consultations, it will proceed to a disputes panel that could – if appealed – take ...

Source: WTOCenter