US EditionUS tariff tussles stuff of nightmares for Bordeaux winemakers
- French wine producers remain uncertain about U.S. tariffs on wine imports despite a recent trade deal announcement between the U.S. and European Union.
- U.S. tariffs on wine create uncertainty for Bordeaux winemakers, contributing to a struggling market with decreased sales and overproduction.
- The United States is the largest market for Bordeaux wine, accounting for 400 million euros in sales, or 20 percent of total exports.
- Philippe Tapie expressed concern about the unpredictable nature of U.S. tariffs, stating, "One day, it is white, the next it is black.
53 Articles
53 Articles
U.S. tariff tussles stuff of nightmares for Bordeaux winemakers
French wine producers, already reeling from a downturn in their market, still do not know how bitter a taste the U.S. tariffs on wine will leave on their palates. In southwestern France, around the Bordeaux region's famed vineyards, months of talk on what U.S. President Donald Trump will decide on…
Cumulation of stocks, price collapse: after months of waiting, Bordeaux wine traders have an answer. The customs tax on European products will be 15%.
Wine and spirit makers push for coverage in EU-U.S. tariff deal
European wine and spirit makers are uneasy about being left out of the new U.S.–EU trade deal and are pushing for their own exemption. It still allows for a separate deal on alcohol tariffs, but leaders warn that any delay could cut sales and squeeze profits. European Commission President Ursula von...
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