Pernod Ricard has withdrawn its legal challenge against India’s US$314 million tax demand and will instead pursue a statutory appeal in the ongoing Scotch whisky import dispute.
New US tariffs targeting Canadian imports aim to pressure provinces to reverse restrictions on American alcoholic beverages amid an escalating bilateral trade dispute.
Plaintiffs are seeking billions of dollars in damages over alleged beef price manipulation between 2014 and 2020.
Initiative complements livestock recovery strategy following years of drought and declining herd numbers.
The increased allocation is expected to support food manufacturers with improved sugar supplies under a reduced 10% import duty for the next 12 months.