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France Negotiates to Avert Cognac Tariffs in China
French Minister Sophie Primas is in China negotiating to prevent retaliatory tariffs on French cognac after the EU imposed tariffs on Chinese electric vehicles.
French
France
PoliticsInternational RelationsChinaFranceTradeInternational TradeTariffsNegotiations
French Ministry Of Foreign TradeEuropean UnionChinese Government
Sophie PrimasWang WentaoMichel Barnier
- What is the main reason for Sophie Primas' visit to China?
- French Minister of Foreign Trade, Sophie Primas, is in China negotiating with the Chinese government regarding potential retaliatory tariffs on French cognac.
- Where and when will further discussions on the issue take place?
- The discussions about the tariffs are expected to continue at the G20 summit in Brazil between the French and Chinese presidents and prime ministers, and a three-way discussion between the cognac producers, the French state, and the European Union is anticipated.
- What are the potential consequences of the Chinese tariffs on French cognac?
- The potential tariffs on cognac could block its access to the significant Chinese market, causing significant economic losses for French producers.
- What measures is the French government prepared to take if negotiations fail?
- While Primas stated that France is committed to negotiations, she also indicated that France is prepared to take necessary measures, including legal action if negotiations fail to resolve the issue.
- How does the French cognac industry view the government's actions regarding the trade dispute with China?
- The cognac industry feels the French government has sacrificed their interests by supporting EU tariffs on Chinese electric vehicles, leading to China's threat of retaliatory tariffs on European brandies.