China holds off on EU brandy tariffs but alleges dumping and damage

China announced on 29 August that it would not impose provisional tariffs on EU brandy, signalling a potential easing of trade tensions with the 27-member bloc.

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News Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.

The potential tariffs could greatly affect the French cognac industry, which makes up nearly all of China’s EU brandy imports. Shares of French spirits makers Rémy Cointreau and Pernod Ricard rose on Thursday following the announcement, Reuters reported. [SHUTTERSTOCK/Igor Normann]

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Sofia Sanchez Manzanaro Euractiv Aug 29, 2024 14:28 3 min. read

News

Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.

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Updated: 01-10-2024

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