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Trump's wine tariff threats are giving France's Macron a headache

Existing US tariffs on wine from Europe aren't that much lower than the EU's levies on American wine: The gap is about 5 to 15 cents per bottle

Topics
Donald Trump | Emmanuel Macron | US France ties

Bloomberg 

US President Donald Trump has taken aim at France’s most famous export: wine. His threats to slap higher import tariffs on grands crus, champagnes and the like in retaliation to a new French tax on big tech firms have left Didier Guillaume, France’s Agriculture Minister, apoplectic.

It’s an “absurd” and “stupid” response, he fumed, to a legitimate attempt by a sovereign state to get the likes of Amazon.com Inc. and Apple Inc. pay their fair share in France. Plenty of people will raise a glass to that analysis. Governments across the world have ...

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First Published: Sat, August 10 2019. 20:17 IST
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