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
13:33
Approximately 60 entrepreneurs and representatives of Romanian communities in Germany participated in the ROUNIT conference, discussing economic development and collaboration opportunities with Romania.
13:32
Denmark has officially launched the 11-month mandatory military service, with 1,600 volunteer recruits distributed in military centers.
13:32
The Competition Council fines two companies over 52 million lei for fixing sugar prices.
13:19
New car registrations in Romania decreased in July
13:12
The southern Romanian coastline, including the resorts of Neptun, Jupiter, and Eforie, is attracting more and more private capital.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
