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China spares major cognac makers from EU brandy dumping duties
- China announced new anti-dumping duties of up to 34.9% on EU brandy starting July 5, 2025, with exceptions for major producers selling at minimum prices.
- The duties follow a 2024 investigation concluding that EU brandy, mostly French cognac, was dumped and harmed China's domestic industry amid broader EU-China trade frictions.
- French cognac makers have seen exports to China, their most valuable market worth 1.4 billion euros annually, fall by as much as 70% due to this ongoing dispute.
- Remy Cointreau called the minimum price deal "a substantially less punitive alternative" that enables "strengthening of some investments in China," while BNIC urged EU and French authorities to seek political resolution.
- The duties and trade tensions underscore persistent economic and diplomatic strains between China and the EU, complicated by issues like Russian ties and prior EU tariffs on Chinese EVs.
108 Articles
108 Articles
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 …
The EU-China summit was supposed to take place later this month in the capital Beijing and in Hefei, in the province of Anhui. The American media Bloomberg writes, based on sources, that China wants to cancel part of the summit. The shortened program would now only consist of one day in Beijing. Nevertheless, many major topics are on the agenda, such as levies on electric cars and cognac, export restrictions on computer chips and rare earth meta…
Today, China introduced anti-dumping duties on some European spirits, especially on French cognac, the Ministry of Trade of that country announced.
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