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China Exempts Major EU Brandy Makers From Anti-Dumping Duty

China Exempts Major EU Brandy Makers From Anti-Dumping Duty

Bloomberg15 hours ago
China imposed anti-dumping duties on European brandy for five years, while exempting major cognac makers that meet a price commitment.
The duties of as much as 34.9% will be imposed on European brandy shipments from July 5, according to a statement from the Ministry of Commerce. Exemptions apply to those that meet the price commitment made by some industry associations and companies from the bloc, the ministry said.
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