President Trump threatened 200% tariffs on French wines and champagnes to pressure President Macron into joining his Board of Peace initiative. Macron has indicated he will decline and French officials called the tariff threats unacceptable. French wine exports to the U.S., worth €3.8 billion in 2024, have already suffered a 20–25% drop from previous trade measures. Luxury conglomerate LVMH shares fell 2% following the announcement.
Borysk5 on
Just ignore him, he’s attention seeker
BachelorThesises on
shouldnt at least one of his advisors know that it’s pointless to tariff single EU countries? 🫢
3 Comments
President Trump threatened 200% tariffs on French wines and champagnes to pressure President Macron into joining his Board of Peace initiative. Macron has indicated he will decline and French officials called the tariff threats unacceptable. French wine exports to the U.S., worth €3.8 billion in 2024, have already suffered a 20–25% drop from previous trade measures. Luxury conglomerate LVMH shares fell 2% following the announcement.
Just ignore him, he’s attention seeker
shouldnt at least one of his advisors know that it’s pointless to tariff single EU countries? 🫢