China Targets European Brandy
This is a China news story, published by Yahoo Finance, that relates primarily to Pernod Ricard news.
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•World
World
Brandy Tariffs Just Hit--But These Luxury Giants Found a Secret Way Around Them

79% Informative
Starting July 5 , China will impose anti-dumping duties of up to 34.9% on European brandy imports.
Major cognac producers like Remy Cointreau , Pernod Ricard , and LVMH 's Hennessy secured exemptions by agreeing to a minimum price commitment deal with Beijing .
For now, this could soften the blowespecially after a brutal drop in shipments last year triggered by preliminary tariffs.
VR Score
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