Macron vows EU unity as Trump’s tariffs threaten French wine, aeronautics

France’s champagne industry faces severe strain as new US tariffs threaten its largest export market, with producers warning of job losses and reduced orders. The 20% levy has sent shockwaves beyond vineyards, impacting French aeronautics and luxury sectors. Business leaders held emergency talks with President Macron, who urged EU unity to counter the measures, citing the bloc’s 450-million-consumer leverage. While hopes remain for negotiated solutions, uncertainty looms over key industries. The tariffs risk destabilising regional economies dependent on US trade. European officials now weigh proportionate retaliation to pressure Washington. For workers, the standoff casts a shadow over France’s export-driven recovery.

Al Jazeera’s Natacha Butler reports from Epernay - the heart of the Champagne industry in France.

Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on X: https://twitter.com/AJEnglish
Find us on Facebook: https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
Download AJE Mobile App: https://aje.io/AJEMobile

#France #EmmanuelMacron #FrenchBusinesses #FrenchWine #EuropeanUnion #UnitedStates #DonaldTrump #ReciprocalTariffs #TrumpTariffs #LiberationDayTariffs #TradeWar #Tariffs #TrumpEconomicPolicy #AlJazeeraEnglish

Post from Al Jazeera on April 03, 2025

View Original Post