China's Tariffs on European Brandy: A Looming Crisis for French Exports

French brandy producers are alarmed by China's new tariffs on European brandy, considering them a serious threat to a key export sector. The BNIC urges French authorities to act swiftly against these retaliatory measures prompted by EU tariffs on Chinese electric vehicles.

PARIS, Oct 8 (Reuters) - The introduction of new Chinese duties on European brandy imports is expected to have severe negative ramifications for one of France's top export sectors, according to the BNIC Cognac producers' lobby group. They described the potential impact as "catastrophic" and urged French authorities to intervene.

The new tariffs have come in response to the European Union's recent decision to impose tariffs on Chinese-made electric vehicles. In retaliation, China has implemented temporary anti-dumping duties affecting well-known brands ranging from Hennessy to Remy Martin.

France, in collaboration with the European Union, plans to challenge China's decision at the World Trade Organisation (WTO). The French trade minister emphasized the need for immediate action to counter these measures.