China spares major cognac makers from EU brandy dumping duties
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 04 2025
0mins
Source: Reuters
China's Tariff Decision: China has exempted major cognac producers like Pernod Ricard, LVMH, and Remy Cointreau from hefty duties on EU brandy, while imposing tariffs of up to 34.9% on other EU brandy imports, as part of ongoing trade tensions with the EU over tariffs on Chinese-made electric vehicles.
Impact on Cognac Industry: The decision is seen as a relief for French cognac makers, who have faced a significant drop in exports to China due to previous tariffs, and it may lead to some price increases, although the overall situation remains challenging amid broader trade disputes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
