France and China Resume Talks on Brandy Duties Amid Rising Tariff Tensions
France and China have restarted discussions regarding the duties imposed by Beijing on European brandy imports, following the European Union's recent decision to implement tariffs on Chinese electric vehicles. These renewed talks, facilitated at the Shanghai Fair, aim to establish a bilateral solution.
- Country:
- France
France and China have reopened discussions on duties that Beijing has levied on European brandy imports. This development follows the European Union's resolution last month to impose tariffs on Chinese-made electric vehicles, as reported by French spirits lobby groups on Tuesday.
The renewed talks were facilitated during the Shanghai Fair, where exchanges between French and Chinese authorities aimed to restore dialogue. Such dialogue is deemed crucial to navigating towards a bilateral resolution, as highlighted in a statement released by the lobby groups.
This move marks a significant attempt to ease the growing trade tensions between the two nations and seeks a cooperative pathway forward amidst the challenges of international trade policy dynamics.
(With inputs from agencies.)