A 200% tariff threat on French wine and Champagne has put the industry back in Trump’s crosshairs, unsettling exporters and reopening old trade wounds.
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Donald Trump
As US tariffs takes effect today, more EU producers are looking elsewhere to offset US loss. Can Asia be the answer? Read More
The Bourgogne Wine Board (BIVB) warned the new tariff could cost the region’s producers up to €100 million (about US$108 million) in lost export revenue, dealing a serious setback in what has long been their largest overseas market. Read More
It’s one of the world’s most secretive and isolated regimes, yet North Korea has emerged as an unlikely destination for China wine exports. Read More
Merchants are already suspending EU wine purchases and warning of mass bankruptcies and layoffs if Trump’s threatened 200% tariff on European wine is implemented. Read More
The Trump administration is threatening 100% punitive tariff on French wines as retaliation to French tax on American technology companies, adding more woes to French … Read More
More than 60% of Chinese consumers are more than willing to boycott American products from mobile phones to wine, as trade war between China and the US escalates, an FT Confidential Research survey has revealed. Read More
