France Has Decided To Protect Champagne And Wine From Trump
3- 29.07.2025, 19:40
- 4,192
Paris is the largest exporter of alcohol to non-EU countries.
France is pushing for U.S. duties not to apply to champagne and other wines and spirits, writes Financial Times. It's now not entirely clear exactly which products will be affected by the 15% rate. EU officials insist that negotiations with Washington are continuing, including on alcoholic beverages, but the U.S. has said it will not make exceptions for alcoholic beverages.
There is no unambiguous position among European officials. A French Finance Ministry official said Paris intends to ensure that the new duty does not apply to all alcoholic beverages. A senior European diplomat told the newspaper that the EU assumes that no duties will be imposed on spirits, while negotiations are underway on wine.
France is the largest exporter of alcohol to non-EU countries. In 2024, the country exported €12.1 billion worth of alcohol, 41% of all EU alcohol exports. About a third of the alcohol the country sends outside the association is shipped to the US.
Lobbying for a trade deal favorable to Europe, in which duties on wine and spirits would not be imposed, is being pursued by Bernard Arnault, the owner of LVMH, also writes the Financial Times (LVMH declined to comment).
The European Commission expects the details of the agreement to be reflected in a joint statement scheduled to be released on Friday. On the same day, U.S. President Donald Trump is likely to sign an executive order imposing new duties on European goods.
Trump announced the new agreement on July 27. The U.S. is expected to impose duties of 15% on most imports from the EU, including cars. Brussels will make the rate zero for American goods. Before that, Trump threatened to impose rates of 30% on European goods.
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