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China Doubles Tariffs on Vermouth, Targets Brandy and Whisky With Similar Hikes
Vino Joy reported that China has raised tariffs on a range of alcohol products including vermouth, brandy and whisky.
Pernod Ricard cuts sales guidance over China cognac slump
Pernod, whose brands include Martell and Absolut vodka, said sales will decline by a low-single digit percentage in 2025.