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China’s commerce ministry defended its anti-dumping measures on brandies imported from the European Union, stating that they are justified trade remedies. The restrictions target French brands like Hennessy and Remy Martin, following the EU’s decision to impose tariffs on Chinese-made electric vehicles. The ministry cited an investigation showing that EU brandy dumping posed a threat to domestic industry. Additionally, China criticized the EU’s tariffs on Chinese EVs as a violation of WTO rules. Trade tensions escalated further with the EU facing a pork product investigation and possible tariffs on large-engine vehicle imports, impacting German producers.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.
