| | This issue has been sponsored by: | | | "One of the criticisms I've faced over the years is that I'm not aggressive enough or assertive enough, or maybe somehow because I'm empathetic, it means I'm weak. I totally rebel against that. I refuse to believe that you cannot be both compassionate and strong." | | - Jacinda Ardern |
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| | | China and EU in Tit-for-Tat Tariff Battle | In response to the EU's imposition of higher tariffs on Chinese EVs, China has struck back with anti-dumping duties on European brandy, primarily affecting France's major exporters. This step was seen as a direct retaliation, with China's Commerce Ministry arguing that the EU was dumping brandy at prices that threatened its domestic market. The new measures demand hefty security deposits from EU brandy importers, significantly increasing the cost of importation and likely to impact consumer prices, potentially reducing sales volumes. | The EU, particularly France, perceives this as an unjust trade war tactic, with plans to counter the Chinese move through WTO channels. The tension illustrates a broader trade conflict, where China has also hinted at further measures, including potential tariffs on other EU products like large-engine vehicles, which would hit German manufacturers hard. | This cycle of retaliation underscores the complex economic relationship between China and the EU, with both sides engaging in protectionist measures that could have long-term implications for global trade dynamics. | | Advertisement | | | Video Of The Day |  | Gross Lab Grown ‘Meat’ Fails to Take Off with the Public |
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