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

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

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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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences for European wineries if US tariffs are increased?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current status of discussions between the US and France regarding the digital tax differences?

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