Hennessy Workers Strike Over Plan to Bottle Cognac in China
The strike follows new Chinese tariffs on European brandies, prompting Hennessy to explore bottling options in China.
Overview
- Hennessy employees in France have gone on strike in response to plans to bottle cognac in China to avoid new Chinese tariffs.
- China imposed tariffs exceeding 30% on European brandies, affecting Hennessy and other French producers.
- The bottling plan aims to circumvent these tariffs by shipping cognac in bulk to China for local bottling.
- Union representatives express concerns over potential job losses in France and the impact on local industries.
- French President Emmanuel Macron is optimistic about resolving the trade dispute with China in the coming months.