Winemakers finding Trump's tariffs hard to swallow
Summary
Winemakers in Burgundy, a well-known French wine region, are worried about new tariffs imposed by former U.S. President Donald Trump. The U.S. is a big market for Burgundy wines, and the tariffs could make it harder for them to compete in America.Key Facts
- Burgundy is a famous wine region in France known for high-quality wines.
- The U.S. is the largest market for Burgundy wine exports.
- Donald Trump imposed a 20% tariff on European Union products, including wine, with plans to raise it to 50% later.
- Cecile Tremblay, a Burgundy winemaker, exports about 10% of her wine to the U.S.
- Sales of Burgundy wines to the U.S. had increased, reaching 20.9 million bottles in volume in a recent year.
- The Burgundy Wine Board president, François Labet, says the U.S. is crucial for Burgundy's wine business.
- Popular Burgundy wines include red wines from pinot noir grapes and white wines from chardonnay grapes.
- Burgundy's sparkling wine, Crémant de Bourgogne, is becoming more successful.
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