Trade war: cognac, emblematic victim of Chinese and American taxes
By Rémi Barbet , special correspondent in Cognac (Charente)
Published on
Cognac is paying the price of the trade war. (Illustration: Mechanical harvesting in the Cognac vineyards, September 2023) Anne Lacaud / MAXPPP
Caught between Beijing and Washington, Cognac is paying a high price in the international trade war. Spied on and taxed by China, threatened by Donald Trump, the Charente vineyard, which exports 98% of its production, is faltering and reducing its production volumes.
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I subscribeOn the banks of the Charente River in Jarnac (Charente), the imposing limestone walls of the Hine cognac house conceal the oak barrels that age the wine spirits for which the region is renowned. But since October 2024, the activity of this winery, founded in 1763, has largely ceased. The storage space is overflowing with dozens of pallets of spirits looking for a carrier to ship them to China.
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