Reported 3 months ago
In December, French cognac producers ramped up exports to the United States, anticipating potential new tariffs with the upcoming Trump administration and responding to a rebound in demand. Major brands like Hennessy and Courvoisier significantly increased their shipments compared to previous months and last year, despite ongoing trade tensions and a noted decline in exports to China. This surge reflects broader trends in the luxury goods market, particularly as U.S. consumer spending on high-end brands shows signs of recovery.
Source: YAHOO