• Veblen Wines Ltd

French winemakers say tariffs risk 100,000 jobs

Chris Mercer - Source: decanter.com

US import tariffs may cost 100,000 wine industry jobs in France, trade leaders have warned as pressure grows on president Emmanuel Macron to find ways to help the sector.

Credit: Photo by John Murzaku on Unsplash

Jean-Marie Barillère, president of France's council for appellation wines, CNIV, said US import tariffs were putting at least 100,000 jobs at risk in the country's wine sector.

The French wine industry employs 500,000 people directly and indirectly, according to CNIV figures.

Barillère’s comments came during a press conference at the annual Paris international agriculture show, SIA, and follow news that the 25% tariffs on French still wines at 14% abv or below will continue.

Exports of French wine have already been dented by the tariffs, which were introduced on 18 October 2019 as part of a dispute between the EU and US over subsidies paid to European firm Airbus. Spanish, German and UK still wines are also affected.

French president Emmanuel Macron met wine industry leaders on Saturday (22 February) amid growing pressure for him to find ways to support winemakers.

Read the full article at: https://www.decanter.com/wine-news/french-wine-tariffs-jobs-risk-432804/