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Octopus Energy considers a $14B tech arm demerger, while Labour's first year focuses on welfare and winter fuel policies, and families receive £100 uniform vouchers.

China spares major cognac makers from EU brandy dumping duties

Investing.comFriday, July 4, 2025 at 11:30:54 AM
China spares major cognac makers from EU brandy dumping duties
In a move that eases trade tensions, China has decided not to impose steep anti-dumping duties on major European cognac producers like Rémy Cointreau and Pernod Ricard. This comes after the EU threatened to slap tariffs on Chinese electric vehicles, suggesting both sides might be stepping back from a potential trade war—at least for now.
Editor’s Note: Trade spats between China and the EU have been heating up, especially over green tech and luxury goods. By holding off on cognac tariffs, China might be signaling a willingness to negotiate rather than escalate. For drinkers and businesses, it means your favorite French brandy won’t suddenly get a lot pricier—but the bigger picture is whether this cools tensions or just kicks the can down the road.
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