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The State Council Information Office reports MOFCOM's final ruling of Friday 4 July 2025 imposing anti-dumping measures 'for a period of five years, effective Saturday', i.e. 5 July 2025 to 4 July 2030.
Global Times quotes MOFCOM: final dumping margins of 27.7% to 34.9%, and duties and accepted price undertakings 'effective for five years starting from July 5, 2025'.
Reports that Pernod Ricard's Martell, Hennessy and Rémy Cointreau's Rémy Martin signed minimum-price commitments with MOFCOM that replace the duties, at prices not disclosed.[1]
The EU spirits trade body regrets final duties averaging 32.2% on EU wine-based spirits, welcomes the price undertakings as partial relief and asks for them to be extended to all companies.
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