China retaliates against EU tariff hike

Beijing will probe brandy imports from the bloc in response to duties on electric vehicles imposed by Brussels 

Beijing has announced the next stage in its investigation into EU brandy imports, in the latest tit-for-tat measure after the bloc imposed provisional duties on Chinese electric vehicles (EVs).  

The EU on Thursday slapped tariffs ranging from 17.4% to 37.6% on Chinese EV imports on top of existing 10% duties, citing Beijing’s...