Trump threatens the mega of the 200% price on EU – Politico wines and minds

If this price is not immediately removed, the United States will soon place a 200% rate on all wines, champagnes and alcoholic products leaving France and other countries represented by the EU. It will be great for wine and champagne companies in the United States, Trump said.

France, Italy and Spain would be the hardest affected by the increase of 200%.

The French Minister of Agriculture Annie Genevard told Politico that France and the EU did not want a trade war with the United States, like the one that President Trump initiated. However, she added that Europe would react firmly to protect the interests of their businesses in the face of arbitrary measures that violate international law.

EU no matter a large amount of wine from the United States. Even if some American producers call their “champagne” sparkling wines, the sparkling drink can only be legally produced in the Champagne region in France.

Closed market

Europeans reacted with horror to the Missive early in the morning of Trump, which is a teetotaler.

This would de facto close the American EU wine market, said Ignacio Snchez-Recarte, who heads the European Committee for Viticultural Companies, or CEEV. For any wine producer in Europe, the United States will be their largest market. And there is no alternative size or in income levels.

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