Cognac Probe in China Delayed Three Months, Says France's Barrot
China has postponed the conclusion of its anti-dumping investigation of Cognac and Armagnac, providing a reprieve to European spirits makers just as they face tariff threats from US President Donald Trump.
French Foreign Minister Jean-Noel Barrot, speaking during a trip to China, said the announcement was a first step to resolving a dispute that has seen Cognac makers Pernod Ricard SA, Remy Cointreau SA and LVMH 's Hennessy unable to stock duty free channels, a key outlet for their sales in the country. The companies have also been forced to deposit customs duties on the brandy while awaiting the outcome of the investigation.
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Trump orders troops to Los Angeles to combat violent protests against immigration enforcement
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Public officials and business leaders recently held a groundbreaking to inaugurate construction of a fresh produce cold storage warehouse along the Texas-Mexico border. Known as the 'From Mexico Cold Storage Warehouse,' the facility will feature 10 high-efficiency loading docks and temperature-controlled storage rooms. It will be designed to support growing demand in cross-border produce distribution,' according to a news release. 'This new facility will bring innovation, efficiency, and opportunity to our produce district, and we are proud to welcome From Mexico as a valued partner to our thriving city as we continue to invest in cold storage infrastructure,' Victor Perez, president and CEO of the Pharr Economic Development Corp., said in a statement. Officials did not provide a timeline for the facility's construction. The Pharr-Reynosa International Bridge handles over 65% of the nation's fresh produce imports from Mexico, contributing to more than $47 billion in annual trade. The post Borderlands Mexico: Renegotiating USMCA may boost North American trade appeared first on FreightWaves.
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44 minutes ago
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What to know about ICE protests in L.A. as Trump orders in National Guard
Federal immigration sweeps in Los Angeles sparked two days of protests around the city, prompting a standoff between the White House and state officials over whether authorities had the situation under control. On Saturday, President Donald Trump ordered the California National Guard to intervene — a move condemned as escalatory and unnecessary by Democrats in the state.
