Source: International Business Times
Champagne is important to the French economy, generating nearly six billion euros in annual sales AFP With the United States the largest export market for champagne, producers of France's leading sparkling wine had little to celebrate on Thursday about facing an additional 20 percent tariff, although they held out hope for negotiations. "We're all worried about the decisions made by the American president," said David Chatillon, copresident of the Comite Champagne that is the trade association for the industry. Trump spared almost no nation on Wednesday, hitting friends and foes alike and reserving some of the harshest tariffs for major trade partners, including the European Union and China.
