Earth Science News
TRADE WARS
EU launches WTO challenge against China's brandy duties
EU launches WTO challenge against China's brandy duties
by AFP Staff Writers
Brussels, Belgium (AFP) Nov 25, 2024

The European Union on Monday formally launched a challenge at the World Trade Organization against China's move to impose anti-dumping measures on brandy imported from the bloc.

Beijing's move last month appeared to be a tit-for-tat measure against Brussels after the EU imposed hefty additional import tariffs on Chinese-made electric vehicles.

"This step reflects the EU's firmly held view that China's provisional measures on EU brandy are not in line with WTO rules," the European Commission said in a statement.

"By requesting consultations with China over its provisional anti-dumping measures on EU brandy, the Commission is following through on its commitment to protect our industry from unfounded accusations and misuse of trade defence measures."

China's commerce ministry insisted the measures were "legitimate" and fully complied with WTO rules.

"China has the responsibility to safeguard the legitimate demands and lawful rights and interests of its domestic industries," it said.

China targeted European brandies after EU countries last month gave a definitive green light to additional tariffs of up to 35.3 percent on electric cars made in China, despite strong German opposition.

The Chinese commerce ministry released a list detailing the rates each company would expect to pay, ranging from 30.6 percent for cognac house Martell to 39 percent for Jas Hennessy and 38.1 percent for Remy Martin.

The EU has defended its electric car tariffs as "reasonable" and says they were imposed only after an in-depth investigation concluded that Beijing's state aid to auto manufacturers undercut European carmakers.

China has filed its own complaint with the WTO over the EU's decision to impose the new tariffs on Chinese-made electric cars.

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
US restricts food, metal imports on Uyghur forced labor concerns
Washington (AFP) Nov 22, 2024
The United States said Friday that it is barring imports from dozens more China-based companies - ranging from businesses in the metals to food industries - citing worries over forced labor. Officials are adding around 30 entities to the Uyghur Forced Labor Prevention Act entity list, meaning that goods wholly or partially made by these firms will be restricted from entering the United States. The new additions bring the total number on the list to 107, said the Department of Homeland Security ... read more

TRADE WARS
The future of energy-efficient edge AI sensors

Nationalist raves galvanise traumatised Ukrainian youth

Ukraine urges gamers not to enter Chernobyl exclusion zone

Analysis of Fukushima debris sample could take a year: operator

TRADE WARS
Amazon invests another $4 bn in AI firm Anthropic

Tunable ultrasound propagation in microscale metamaterials

Oldest alphabetic writing found in ancient Syrian tomb

mmt and Quadsat join forces to offer advanced satellite emulation and RF calibration services

TRADE WARS
NASA prepares tiny robotic swimmers for deep space ocean exploration

How the Mediterranean lost 70% of its water during a prehistoric crisis

Parts of Great Barrier Reef suffer highest coral mortality on record

Taps run dry in sprawling suburb of Mauritania's capital

TRADE WARS
Political implications of Antarctic geoengineering debated

Space for Shore project tracks Svalbard glacier changes with Sentinel-1

NATO holds large Arctic exercises in Russia's backyard

Tajikistan lost 1,000 glaciers in 3 decades: minister

TRADE WARS
Scientists seek miracle pill to stop methane cow burps

NASA's Brad Doorn Brings Farm Belt Wisdom to Space-Age Agriculture

Olive seeds from space mission begin growth in China

American soil losing more nutrients for crops due to heavier rainstorms

TRADE WARS
Lava covers parking lot at famed Iceland geothermal spa

Libya's Derna hosts theatre festival year after flash flood

Philippines typhoon death toll rises to 12

Icelandic village evacuated after new volcanic eruption

TRADE WARS
Burkina freezes assets of more than 100 people over 'financing of terrorism'

How will Senegal's new leaders use their legislative landslide?

UK doubles aid to war-torn Sudan

World not listening to us, laments Kenyan climate scientist at COP29

TRADE WARS
Friendly social behaviors influence chimpanzee interactions

Iraq holds its first census in nearly 40 years

Swedish app aims to solve household chore disputes

Study shows ancient use of fire to manage Tasmania's environment 41,600 years ago

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.