Faced with Trump's new tariff, French wine producers expect rough times ahead

Faced with Trump's new tariff, French wine producers expect rough times ahead

CHABLIS, France (AP) — France’s wine producers are deeply concerned that the 20% tariff slapped by President Donald Trump will deal a severe blow to the sector that relies on the U.S. as its top market. French President Emmanuel Macron on Thursday warned of “massive” impact as he met with representatives of the most affected industries, including wine and spirits. Vincent Dampt, owner of a wine domain in Chablis, in the Burgundy region, called t…

The new 20% taxes imposed by Donald Trump on European wines are worrying producers in the Rhône Valley. At the wine show in Ampuis, many expressed their fears for their exports to the United States, a key market.

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'Everyone worried' by Trump tariffs in France's champagne region

With the United States the largest export market for champagne, producers of France's leading sparkling wine had little to celebrate on Thursday about facing an additional 20 percent tariff, although they held out hope for negotiations.

The "economic war" launched by the United States may also have consequences for the agricultural and food sector, in particular wine and spirits, but also bakery and cheese.

French winemakers say 'nightmare' Trump tariffs could cost industry €1bn

French winemakers say they’re facing a repeated “nightmare” after US President Donald Trump announced 20 percent tariffs on European Union products. The head of France’s main winegrowers’ union warned the move could cost the sector €1 billion.