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EU-US Trade Conflict Prompted $14 Bln Decline in French Wine Exports in 2020, Industry Group Says

EU-US Trade Conflict Prompted $14 Bln Decline in French Wine Exports in 2020, Industry Group Says Pixabay/CC0 Sputnik International https://sputniknews.com/business/202102121082052485-eu-us-trade-conflict-prompted-14-bln-decline-in-french-wine-exports-in-2020-industry-group-says/ Late last year, US authorities slapped additional tariffs on a number of goods from the European Union, including aircraft-related parts and wines from France and Germany. A 13.9-percent drop in exports of French wine and spirits in 2020 was caused by US tariffs and the spread of the COVID-19 pandemic, the industry group Federation des Exportateurs de Vins & Spiritueux de France (FEVS, or the Federation of French Wines and Spirit Exporters) announced in a press release.

US tariffs, COVID sap demand for French wines

U S tariffs to keep lid on French wine exports amid COVID-19 crisis

<div class="at-above-post addthis tool" data-url="https://www.metro.us/u-s-tariffs-to-keep/"></div>PARIS (Reuters) – U.S. tariffs could hinder a rebound in French wine and spirits exports, after a 13.9% drop in 2020, if coronavirus restrictions that shut restaurants, bars and airport duty free stores in many countries were to be lifted, industry group FEVS said. Sales abroad of wines and spirits – France’s second-biggest export after […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/u-s-tariffs-to-keep/"></div><!

Pandemic, tariffs sap the spirit out of French wine sales abroad

Pandemic, tariffs sap the spirit out of French wine sales abroad 119 shares 11/02/2021 - 12:03 A person tastes wines at the Vinexpo wine fair in Bordeaux, southwestern France on May 13, 2019. © Georges Gobet, AFP 2 min U.S. tariffs and coronavirus restrictions that shut restaurants, bars and airport duty-free stores in many countries wiped 13.9% off the revenues of French wine and spirits exporters last year, industry group FEVS said. Advertising Read more Sales abroad of wines and spirits - France s second-biggest export after the aerospace industry - fell by 2 billion euros to 12.1 billion euros ($14.7 billion), the Federation of French Wines and Spirit Exporters (FEVS) said on Thursday.

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