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China spares major EU cognac-makers in trade war
politico.eu/article/china-spares-major-eu-cognac-makers-in-trade-war
Beijing will exempt major French cognac producers while slapping duties of up to 34.9 percent on European brandy as of July 5 for a period of five years, the Chinese commerce ministry announced on Friday.
The duties will range from 27.7 to 34.9 percent, although Beijing will exempt major…
This story appeared on politico.eu, 2025-07-05 18:48:20.907000.