Exclusive: Beijing ties cognac deal to EV tariff talks with Europe
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 27 2025
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Source: Reuters
Cognac Import Price Deal: French cognac makers have reached a tentative agreement on minimum import prices for the Chinese market, contingent upon progress in ongoing EU-China trade discussions regarding tariffs on Chinese-made electric vehicles (EVs).
Impact of Trade Dispute: The trade dispute has severely affected cognac sales in China, with exports dropping by as much as 70%, and major producers like Remy Cointreau and Pernod Ricard experiencing significant stock declines since the imposition of temporary duties.
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.
