Chinese drinkers may pay more for Remy Martin and other European brandies after the government announced provisional tariffs of 30.6% to 39%

Hungarian Prime Minister Viktor Orban slammed the European Union for what he said was a failure to take into account the interests of the continent’s car industry in setting environmental goals.

Beijing has previously threatened tariffs on EU brandy imports and launched investigations into pork and dairy products in response to the tariffs

The Volkswagen Group is expressing strong opposition to the European Union's potential implementation of tariffs on Chinese electric vehicles (EVs), joining forces with other major automakers like Mercedes and BMW in this plea.