Ongoing Trade Dispute Over Cognac with China

Paris and Beijing fail to reach agreement on Cognac tariffs

At the centre of the spat: Beijing’s plan to impose a 34% tariff on French spirits starting in July as a counterpunch against planned EU levies on Chinese electric vehicles.

Despite extensive exchanges between France and China, no definitive resolution was found between Paris and Beijing.

On Thursday, Minister of Economy Eric Lombard states that no solution has been found "at this stage" by France to settle the dispute with China on cognac and armagnac. The French wine brandy sector is hit by a tax in retaliation for a European procedure against Chinese electric cars. The cognac sector claims to lose 50 million euros a month since the Beijing measures were introduced. - Taxes on cognac and armagnac: no solution found "at this sta…

Ongoing Trade Dispute Over Cognac with China

Ongoing Trade Dispute Over Cognac with China French finance minister Eric Lombard announced on Thursday that discussions with China's Vice Premier He Lifeng regarding a trade disagreement involving Cognac did not lead to an immediate resolution. However, he noted that the possibility of further talks remains open.Earlier this year, China started an anti-dumping investigation into European Union brandy, including Cognac, amid increasing trade ten…

On the occasion of China's Deputy Prime Minister He Lifeng's visit to Paris, sensitive issues were discussed with French Economy Minister Eric Lombard, such as anti-dumping measures affecting the tricolor cognac industry.

Cognac from France is considered the world's finest grape brandy. 98 percent of production is exported to more than 150 countries. Meanwhile, producers are struggling with tariffs, sales declines and climate change.