From July 5, China will begin to levy duties ranging from 27.7% to 34.9% on brandy imports from the European Union. The decision was made following an anti-dumping investigation initiated in January 2024. The Chinese authorities concluded that European brandy shipments were carried out at low prices, harming local producers.
Some European companies have submitted applications for price commitments to the Ministry of Commerce of the People's Republic of China. The Ministry accepted them, stressing that if these obligations are met, duties on the relevant supplies will not be charged. Thus, China leaves the opportunity for fair trade within the framework of its laws, while protecting national interests.
The anti-dumping measures were introduced against the background of worsening trade relations between China and the EU. Earlier, Brussels imposed five-year duties on imports of Chinese electric vehicles and restricted the access of companies from China to government tenders for medical equipment. Beijing's new decision was a mirror response to similar steps by the European Union.
