Trump renews threat against French wine - News Summed Up

Trump renews threat against French wine


Trump renews threat against French wineBy The Manila TimesWASHINGTON, D.C.: US President Donald Trump on Monday lashed out at France for unfair tariffs on “great” American wine. Trump, who famously does not drink alcohol, said he would work to open the European market, again accusing France of creating unfair trade barriers to US wine exports. “France charges us a lot for the wine and yet we charge them very little for French wine,” Trump said on CNBC. In a Twitter outburst late last year, Trump likewise complained about wine trade. In 2018, French exports of wine and spirits to the United States grew 4.6 percent to $3.6 billion (3.2 billion euros), according to industry data, making the United States the most valuable market for French exports.


Source: Manila Times June 11, 2019 03:44 UTC



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