Fears for France's already weakened champagne industry in US-EU trade war
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Euronews.com
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The French champagne industry faces significant challenges due to potential US tariffs of up to 200% on European alcohol, following the EU's tariffs on bourbon. Champagne exports to the US, which amounted to 25 million bottles last year, are threatened as sales have already declined due to rising prices and inflation. Climate change is also impacting harvests, leading to higher prices. Alternatives like Vouvray, prosecco, and cava are gaining popularity, prompting calls for a marketing overhaul in the champagne sector. The French government is determined to protect its industry amidst the trade conflict. Teljes cikk (Euronews.com)