Bordeaux's wine producers are facing uncertainty due to US tariffs impacting their top export market. The US accounts for $400 million in annual sales, about 20% of Bordeaux's wine exports. Recent trade negotiations revealed that European wine and spirits producers will potentially face 15% tariffs. EU officials aspire for 'zero-for-zero' deals for alcohol. Philippe Tapie voiced concerns over the unpredictable nature of US tariff decisions, as previous threats fluctuated significantly between 200% and 30% tariffs, contributing to an anxious environment for producers.
The United States is by far the top export market for Bordeaux's wine, accounting for $400 million worth of annual sales - or about 20 percent of the total.
Philippe Tapie, chairman of regional traders' union Bordeaux Negoce, expressed concern over the uncertainty in US tariffs, saying, 'One day, it is white, the next it is black.'
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