A US-EU Trade War Could Spell Trouble For Wine Lovers

A US-EU Trade War Could Spell Trouble For Wine Lovers

Assessment

Interactive Video

Business, Social Studies, Other

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The US is considering imposing tariffs of up to 100% on French wine imports in response to France's tax on US digital companies. This could significantly increase the cost of French wines in the US, affecting importers and potentially leading to business closures. European wineries are expected to find alternative markets, while US e-commerce platforms like Drizzly may lose access to a significant portion of their products. The US and France are set to discuss these issues at an international forum, which may prevent the tariffs from being implemented.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason the US is considering new tariffs on French imports?

To improve trade relations with the EU

To support US wine producers

In retaliation for France's tax on US digital companies

To increase government revenue

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage of the tax imposed by the US on European wine imports in 2019?

25%

15%

10%

50%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might increased tariffs affect US wine importers?

They will have more access to European wines

They will benefit from reduced competition

They could face increased costs and potential closures

They may expand their business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of products on Drizzly's platform could be affected by the tariffs?

13%

10%

5%

20%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where are the US and France expected to discuss their digital tax differences?

New York

Paris

London

Davos