US EditionUS tariff tussles stuff of nightmares for Bordeaux winemakers
- Philippe Tapie, chairman of Bordeaux Negoce, expressed concern about the uncertainty caused by potential changes in US tariffs on Bordeaux wine.
- Tapie stated that their turnover has dropped by 50 percent since January compared to last year, indicating severe financial impact.
- To address challenges, Bordeaux shipped around 10,000 bottles by air in March as a workaround.
- Tapie remarked, 'One day, it is white, the next it is black,' illustrating unpredictability in policy changes.
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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