US EditionChina spares major cognac makers from EU brandy dumping duties
- China announced new anti-dumping duties of up to 35 percent on European Union brandy starting July 5, 2025, mainly targeting French cognac exports.
- The duties follow a 2024 investigation that found dumping of EU brandy harmed China's domestic industry amid a wider trade dispute linked to EU tariffs on Chinese electric vehicles.
- Major producers like Pernod Ricard and Remy Cointreau avoid duties if they commit to minimum prices, while others such as Jas Hennessy, Remy Martin, and Martell face tariffs between 27.7 and 34.9 percent.
- An industry group representing French cognac producers indicated that exports to China have declined by as much as 70 percent monthly, resulting in a loss of 50 million euros each month, while Remy Cointreau described the new pricing agreement as a notably less severe option.
- This escalation exacerbates tensions in Sino-EU relations amid upcoming diplomatic summits, with calls from the BNIC for urgent political agreements to remove anti-dumping duties.
162 Articles
162 Articles
Concern also expressed about Beijing's anti-dumping measures on European brandies (and which are exempt from France):
ledauphine.com
Cognac producers may escape China's anti-dumping tariffs, but not all threats are being removed for the industry, which is already poorly developed.
This Friday, Beijing announced the imposition of a tax on imports of brandy and brandy from 5 July. A hard blow for the Gersian sector, forced to find new outlets to limit the impact...
China Imposes Tariffs on EU Brandy, Exempts Major Producers
China will impose duties of up to 34.9 percent on European brandy for five years starting July 5, according to the Ministry of Commerce. Certain major producers will be exempt if they agree to maintain prices above a minimum threshold. The decision, published in several documents on the ministry’s website on July 4, follows a year-long investigation launched in January 2024. French officials have described the move as “pure retaliation” against …
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