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Economy

China unveils next steps in EU brandy probe as EV tariffs take effect

BEIJING (Reuters) -- China announced the next step in its anti-dumping investigation into European brandy imports on Friday, ramping up tensions on the same day the European Commission's provisional tariffs on Chinese-made electric vehicles take effect.While a Commerce Ministry spokesperson stressed at a news conference on Thursday that Brussels and Beijing should stay at the negotiating table ahead of the bloc confirming tariffs of up to 37.6% on Chinese-made EVs, the prospect of retaliation was kept alive by a reference to another probe into EU pork imports.The Commerce Ministry said...