The Federation of French Wine Exporters warns that new US tariffs and the depreciation of the dollar could lead to losses of one billion euros.
Delia Niculescu
International
foto:shutterstock
Always see our news on Google
The FEVS highlighted the severe impact of the 15% US tariffs on EU wines and spirits, estimating a 25% reduction in sales, which could lead to losses of €1 billion and 600,000 jobs in the French industry. Officials called for further negotiations between France and the EU to find solutions and exemptions. The duties are also expected to reduce champagne consumption in the US.
Sources
Latest News
07:09
Superliga: Rapid Bucharest defeats CFR Cluj 3-1 and climbs to first place in the standings
23:21
The option of a technocratic government could return to the negotiating table. Ciprian Ciucu: "The President would have tested one or two, three options, but I was not told what those options are."
22:53
The President of Brazil, Lula da Silva, is launching his campaign for a fourth term / He declares himself to be "in excellent shape" at the age of 80.
22:17
Radu Miruță: "It is a complicated situation, a situation that is merely the consequence of poor management of the balance between electricity production and consumption / Romania, for years, has only shut down"
21:50
Fire on a ferry in Indonesia, off the coast of Madura Island: Five people have died and 41 are missing.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
