
Pernod, LVMH, Rémy spared from China tariffs on Cognac
China has excluded the three major spirits giants from its punitive tariffs on Cognac, announced today (4 July). Pernod Ricard, LVMH and Rémy Cointreau have all been spared from China’s duties of up to 34.9% on EU brandy producers. Announced today, China’s Ministry of Commerce (MOFCOM) has confirmed anti-dumping tariffs on EU brandy of up…