China spares major cognac makers from EU brandy dumping duties
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 04 2025
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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.
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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.
