China will exempt European Union brandy exporters from anti-dumping duties if they adhere to negotiated pricing terms, according to a Saturday announcement by the Chinese Ministry of Commerce. The decision follows the acceptance of price commitments from 34 EU producers, marking the conclusion of a months-long anti-dumping investigation.
The ministry confirmed Friday that anti-dumping measures on EU brandy imports will remain in effect for five years starting July 13, with calculated dumping margins between 27.7% and 34.9%. However, companies complying with the agreed pricing framework will avoid additional tariffs, creating a pathway for stabilized trade relations.
Analysts suggest this resolution balances China's commitment to fair trade practices with efforts to maintain economic ties with Europe. The move comes amid broader negotiations between Beijing and Brussels on trade imbalances, offering reassurance to businesses navigating cross-border commerce.
