TRUMP'S TARIFFS THREATEN TO TAKE THE FIZZ OUT OF CHAMPAGNE'S CRUCIAL US MARKET
https://media.zenfs.com/en/reuters-finance.com/28cd1e96b56d01fe7b968f7ea326da7c
✍️ Champagne producers in France are seeking new markets after US President Donald Trump threatened 30% tariffs on EU exports.
👉 Champagne producers in France are seeking new markets after US President Donald Trump threatened 30% tariffs on EU exports. 👉 The US is the biggest market for champagne, accounting for 10% of exports by volume and 15% by value. 👉 Producers are concerned that the tariffs will push up prices for consumers and threaten jobs along the supply chain. 👉 The chairman of the French industry group Comite Champagne suggests seeking new markets in Brazil, Southeast Asia, and South Africa.
-- #DonaldTrump #StephaneVignon #MaximeToubart #HugoDrappier #SybilledeLaHamaide #MichaelaCabrera #GabrielStargardter #SharonSingleton #France #UnitedStates #Brazil #SoutheastAsia #SouthAfrica #Verzenay #business
Loading quoted post…
