Amid Uncertainty, French Wine Industry Puts Itself on Show - News Summed Up

Amid Uncertainty, French Wine Industry Puts Itself on Show


PARIS — France's big wine industry, shaken by U.S. President Trump’s painful tariff hikes and the threat of climate change, is hoping to re-energize global interest in its products with a big trade fair in Paris. Two thousand winemakers - including giant Moet-Hennessy - are wooing some 30,000 French and international visitors at the Vinexpo fair through Wednesday with a renewed focus on ecology and sustainability as well as tech innovation like robots. They hope that shining a light on the industry’s advances, especially in environmental practices, will attract other countries to French wine and make up for the slump in exports to the U.S., where Trump imposed 25% in tariffs on a range of European products. "Faced with the difficulties we're encountering with Trump's taxes, Brexit and the slowdown in China, we must find new markets in third countries by focusing on French excellence," said Agriculture Minister Didier Guillaume.


Source: International New York Times February 11, 2020 11:26 UTC



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