France's foreign affairs minister announced progress in addressing a trade dispute between France and China regarding cognac imports. The Chinese investigation's conclusions, leading to potential provisional customs duties on European cognac imports, have been postponed for three months until June. The French minister expressed optimism about resolving the issue incrementally. China had imposed provisional tariffs of 30.6% to 39% on European brandies like Remy Martin, in response to EU tariffs on Chinese-made electric vehicles. The brandy tariffs required importers to submit a deposit, following concerns of dumping in China. The investigation delay alleviates fears of sudden definitive duties being implemented in the sector, which is crucial given China's significant cognac market. This trade dispute could impact numerous jobs and businesses in the industry. China has initiated anti-dumping investigations on European brandy, pork, and dairy products, with the cognac probe targeting primarily French producers. The French minister expects the investigation to conclude in three months, and hopes for a collaborative approach to resolve the dispute amicably. France's President had gifted Chinese leader Xi Jinping with cognac bottles during Xi's state visit last year.