Donald Trump wants to tax it more heavily on the imports of French wine

is it a new step in the commercial war of Donald Trump ? This Monday, the us president was given a part in the conflict with his French counterpart, Emmanuel Ma

Donald Trump wants to tax it more heavily on the imports of French wine

is it a new step in the commercial war of Donald Trump ? This Monday, the us president was given a part in the conflict with his French counterpart, Emmanuel Macron, around the trade issue. For the occupant of the White House, the Hexagon is enjoying an unfair competition vis-à-vis the United States on one of its exports emblematic : the wine.

"France to tax much of the u.s. wine and we taxa, little bit of French wine", he criticized on CNBC. For Donald Trump, the Us is leaving "the French wine - which is very good - [...] enter" on the national territory "for nothing". A situation suffered, according to him, the vine-growers nationwide, including in california. "Growers have come to see me, and tell me :" Sir, we pay a lot of money to sell our products in France, and you let [the French wines] come to nothing. This is not fair".

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"We're going to do something for [rebalance] that," he added, hinting that he could review the taxation on wines hex.

A topic of recurrent conflict

This is not the first time that the american president takes to the wine-growing sector the French. A staunch defender of the rebalancing of commercial relations uniting her country with other nations, Donald Trump had already denounced the imbalance between France and the United States on the wine. "France produces great wine, but the United States too. The problem is that France makes difficult the sale of american wines in France, and imposes high tariffs, then the United States" are the reverse, was he annoyed last November. "This needs to change !", threatened it then.

An imbalance real

There is an imbalance in the tariffs. "The figures show that the level of customs duties applied by the United States at the wine party is generally lower than the EU tariffs for the same products", stated a few months ago in Figaro services of the French customs. Thus, taxes vary in the United States between 5.3 and 14.9 cents per bottle, depending on the provenance of the wine and its alcohol content, according to figures from the american Commission of the international trade. In the european Union - France not fixing it-even the level of taxation of imported products, the taxes range from 11 to 29 cents, a level higher.

so far, the products of Uncle Sam still consumed and appreciated by the French : the wine imports to the u.s. have risen by 200% in France between 2007 and 2018, and Europe is the first export market for the us products. On the other hand, the wines of the Hexagon represent 32% of the market share of imported wines in the United States.

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Date Of Update: 11 June 2019, 00:00
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