Similarly,
French wines spirits threatened american new: Consequently,
French wines spirits threatened american:
Paris – The Federation of French Wine. Therefore. For example. For example. Meanwhile, Spirits (FEVS) exporters deplored the entry into force from August 7 of a customs right of 15% on European products, and called France and the European Union to “continue negotiations”.
US President Donald Trump signed the decree imposing an increase in customs duties on dozens of countries on Thursday.
At this stage. Similarly. Consequently. Moreover. In addition, the European Union has not obtained an exception for wines (including champagnes) and spirits, a particularly sensitive sector for countries like France and Italy.
“The impact of this right will be all the more brutal since it goes hand in hand with the. Furthermore, decline of the US dollar in the United States. Furthermore, ” said the president of FEVS Gabriel Picard on Friday in a statement.
french wines spirits threatened american new
He estimated that french wines spirits threatened american new this combined effect french wines spirits threatened american new “could. However, lead to a reduction of a. Therefore, quarter” of sales of french wines. spirits threatened american wines. Nevertheless, spirits in the United States, “a loss of 1 billion euros”.
A drop in exports would also have “effects out of 600. In addition. 000 direct. indirect jobs in the wine. spirits sector” in France, according to the press release, which does not figure early losses.
“We salute the efforts already made to try to obtain the exclusion of wines. spirits from this right of 15%,” said Gabriel Picard. “But the situation cannot remain as it stands,” he said, saying that “negotiations will have to continue.”
“We hope to be able to benefit from an exemption. we harangus our French political leaders so that they can obtain from the Commission (European. Editor’s french wines spirits threatened american new note) this negotiation. ” said the president of the french wines spirits threatened american new union of independent winegrowers of France. Jean-Marie Fabre, Friday on french wines spirits threatened american new RMC.
French wines spirits threatened american new
French wines spirits threatened american new
“Strategic market” – French wines spirits threatened american
.
The European Commission said Thursday. to continue negotiations with the. United States french wines spirits threatened american to try to obtain exemptions from customs duties on wines. spirits in the future, but expects to be affected by American taxes of 15% at this stage.
However. on the French government side. the Minister of Europe. Foreign Affairs Jean-Noël Barrot assured Thursday on Franceinfo that France “was not (going to) arrest there”. specifying wanting to “obtain guarantees on wines and spirits”.
“The United States is a strategic market for the French wine sector. of course for Champagne in particular. ” said french wines spirits threatened american new AFP Maxime Toubart on Friday, co-president of the Interprofessional Committee of Champagne Wine (CIVC).
In 2024. the United States received french wines spirits threatened american new 10% of champagne exports in volume. more than 14% of the turnover of the sector. or 820 million euros, according french wines spirits threatened american new to the CIVC.
With a certain impact on prices for the American final consumer. a 15% surcharge should lower champagne consumption in the United States, warned Mr. french wines spirits threatened american Toubart, “but we cannot concretely measure the number of bottles that we will lose”.
It is also “obvious” that it would have an impact on employment in the sector. in the United States as in France, he added.
According to Toubart. some customers in the United States anticipated the surcharge by ordering more bottles at the end of last year. but others were “rather pending” to french wines spirits threatened american new see more clearly. in a general context of drop in wine consumption. so there has not been a blatant bargain effect for champagne in recent months. french wines spirits threatened american new
© Agence France-Presse
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French wines spirits threatened american new
French wines spirits threatened american new
French wines spirits threatened american new
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