{"id":136573,"date":"2025-03-16T04:16:37","date_gmt":"2025-03-16T04:16:37","guid":{"rendered":"https:\/\/peraltafinancing.com\/alcohol\/fear-of-trumps-tariffs-ripples-through-frances-champagne-region\/"},"modified":"2025-03-16T04:16:37","modified_gmt":"2025-03-16T04:16:37","slug":"fear-of-trumps-tariffs-ripples-through-frances-champagne-region","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=136573","title":{"rendered":"Fear of Trump\u2019s Tariffs Ripples Through France\u2019s Champagne Region"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">French Champagne producers do nearly a billion dollars\u2019 worth of business with the United States every year. But on Friday in <a class=\"css-yywogo\" href=\"https:\/\/www.epernay-tourisme.com\/\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">\u00c9pernay<\/a>, the world capital of sparkling wine, the only number on anybody\u2019s lips was 200.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">That was the percent tariff that President Trump has <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/13\/us\/politics\/trump-tariff-european-union-whiskey.html\" title=\"\">threatened to impose<\/a> on Champagne and other European wines and spirits exported to the United States, in a trade war that exploded this past week after the <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/12\/business\/economy\/europe-tariffs-products-goods-trump.html\" title=\"\">European Union countered<\/a> Mr. Trump\u2019s penalties on steel and aluminum with its own duties on American products.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The triple-digit menace landed like a thunderbolt in \u00c9pernay, rattling workers in nearby fields, producers in small villages and the venerable houses that line the Avenue de Champagne, \u00c9pernay\u2019s central boulevard and a UNESCO Heritage site that oozes tasteful wealth.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cA 200 percent tariff is designed to make sure that no Champagne will be shipped to the United States,\u201d said Calvin Boucher, a manager at <a class=\"css-yywogo\" href=\"https:\/\/www.gonet.fr\/\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">Michel Gonet<\/a>, a 225-year-old Champagne house on the avenue. With 20 to 30 percent of the 200,000 bottles it makes yearly exported to American wine merchants and restaurants, \u201cthat business would be crushed,\u201d he said, adding that the price of a $125 Champagne would more than triple overnight.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u00c9pernay sits in the heart of a region that produces the world\u2019s finest bubbly. The United States is its biggest foreign market, with <a class=\"css-yywogo\" href=\"https:\/\/maisons-champagne.com\/en\/industry\/sustainable-development\/economy\/the-champagne-houses-and-their-grandes-marques\/article\/exports-2023#:~:text=Exports%20to%20the\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">27 million bottles<\/a> shipped there in 2023, valued at around 810 million euros ($885 million).<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-2\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Chardonnay, Pinot Noir and Meunier grapes blanket the rolling hills and deep valleys of Champagne, which covers more than 130 square miles, from the city of Reims to the Aube river. The area is under France\u2019s strict Appellation d\u2019Origine system, which ensures that only the sparkling wine made here, using specific methods, can legally be called Champagne.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">With more than 4,000 independent winemakers and 360 Champagne houses, <a class=\"css-yywogo\" href=\"https:\/\/www.champagne.fr\/fr\/approfondir\/chiffres-cles-champagne\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">the region produces<\/a> around 300 million bottles annually, with one billion more resting in cellars. The biggest houses \u2014 including Dom P\u00e9rignon, Veuve Clicquot and Mo\u00ebt &amp; Chandon, owned by the luxury conglomerate LVMH Mo\u00ebt Hennessy Louis Vuitton \u2014 <a class=\"css-yywogo\" href=\"https:\/\/maisons-champagne.com\/en\/industry\/sustainable-development\/economy\/the-champagne-houses-and-their-grandes-marques\/article\/ranking-by-turnover\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">dominate production and exports<\/a> and account for a third of total sales.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-3\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">But such figures were of little comfort in the wake of Mr. Trump\u2019s threat. Just off the Avenue de Champagne, Nathalie Doucet, the president of <a class=\"css-yywogo\" href=\"https:\/\/www.besseratdebellefon.com\/index-en.php\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">Besserat de Bellefon<\/a>, a specialty Champagne house that exports 10 percent of its premium production to the United States, said that the trade war made her anxious.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cWe are waiting to see what happens, but it\u2019s not good news,\u201d said Ms. Doucet, whose Champagne is made with a laborious low-pressure process that gives it a crisp acidity and fine effervescence.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Champagne already had a tough year with bad weather that had reduced the harvest. Consumption has declined as young people shifted habits and switched to cocktails and artisanal beer. Champagne sales have thinned since the pandemic, falling 9 percent last year.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-4\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">At the same time, she said, Europe was grappling with wars in Ukraine and Gaza. And now the <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/13\/us\/politics\/trump-trade-war-europe-canada.html\" title=\"\">trade war with the United States<\/a>, one of France\u2019s traditional allies, over issues that have nothing to do with Champagne, has made her feel like collateral damage.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-5\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cIt seems like a deliberate punishment,\u201d said Cyril Depart, the owner of the Salvatori wine shop, just off the avenue, which offers a wide variety of artisanal Champagnes. His wife was an export manager for one of the big Champagne houses and had already been crunching numbers on the potential impact.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Leah Razzouki, an \u00c9pernay resident whose family has worked in the Champagne business for generations, said she was infuriated. \u201cMany of our friends are small producers and they would be hit very hard,\u201d she said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The damage of a trade war would spread far beyond Champagne\u2019s regal houses, hitting American importers and distributors and putting numerous small businesses at risk.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-6\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Michael Reiss, the president of <a class=\"css-yywogo\" href=\"https:\/\/vineyardroad.net\/\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">Vineyard Road<\/a>, a small distributor in Framingham, Mass., that imports Champagne and wines from Europe and distributes them in New England, said that small businesses like his, including restaurants and retail shops, would be \u201cvery hurt.\u201d The unpredictable trade environment could force businesses to cancel planned investments, he added.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Adding to the pain, tariffs applied at the beginning of the supply chain can multiply, as each business handling the product marks it up accordingly, Mr. Reiss said. \u201cSo even a 25 percent tariff can easily lead to a 40 to 60 percent increase in prices,\u201d he said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">A 200 percent tariff \u201cwould eliminate the possibility of people buying things that bring them joy in their lives,\u201d he added.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Even inside the <a class=\"css-yywogo\" href=\"https:\/\/archeochampagne.epernay.fr\/en\/home\/\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">Champagne Museum<\/a> bordering the avenue in \u00c9pernay, the chatter strayed to Mr. Trump\u2019s tariffs. Sacha Raynaud, whose family owns a small Champagne house, had brought a friend to learn the history of Champagne, which first appeared in the 17th century on the tables of royalty, giving the drink its nickname, \u201cthe king of wines.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cFrench people are waking up to what\u2019s happening in the United States, and starting to speak about boycotting American products,\u201d she said.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-7\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Similar worries circulated in the fields. Working in a buttery morning light, a dozen field hands secured knotted brown vines to wires ahead of the spring growing season on freshly plowed earth in the shadow of the Champagne-producing town of Reuil, just west of \u00c9pernay.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Even these jobs were at risk, said Patrick Andrade, who runs a small company that helps maintain Champagne vineyards. The 12 hectare (30 acre) plot belonged to a small house that exports to the United States, he said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Should sales fall, wine producers would need fewer field hands, and there would be less work for tractor operators, cork makers and bottle makers. In the worst case, he added, it could force Champagne producers to consider ripping out vines. <\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-8\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">On Friday, France\u2019s finance minister, Eric Lombard, called the trade war \u201cidiotic\u201d and said he would travel to Washington soon. \u201cWe need to talk to the Americans to bring the tension back down,\u201d he told French television.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">France\u2019s biggest Champagne houses have stayed conspicuously silent, declining to say anything while waiting to see how Mr. Trump\u2019s threat would play out \u2014 and whether European officials could get him to back off.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Among them was LVMH Mo\u00ebt Hennessy Louis Vuitton, which sells nearly 35 percent of its wines and spirits in the United States. The company did not respond to a request for comment.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-9\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Outside of LVMH\u2019s <a class=\"css-yywogo\" href=\"https:\/\/www.lvmh.com\/fr\/nos-maisons\/vins-spiritueux\/moet--chandon\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">Mo\u00ebt &amp; Chandon<\/a> mansion on the Avenue de Champagne, a group of Americans snapped selfies in front of a statue of Dom P\u00e9rignon, the monk who invented Champagne. Inside the stately building, no staff members wanted to talk tariffs.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Even so, locals whispered rumors that the big houses were upset by the tariff threat, but expected that it could quite possibly blow over.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">After all, some said, Bernard Arnault, France\u2019s richest man and the head of the LVMH empire, which dominates much of Champagne\u2019s production, has a longstanding relationship with the U.S. president and was invited by Mr. Trump <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/interactive\/2025\/01\/20\/us\/politics\/trump-inauguration-attendees.html\" title=\"\">to his inauguration<\/a>. Perhaps Mr. Arnault\u2019s friendship would prevail at the end of the day, they said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But for now, that is all just speculation. The reality is that nothing is certain \u2014 and uncertainty is bad for business.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Back at the Michel Gonet Champagne house, Mr. Boucher pointed to a display of cuv\u00e9es that were popular among customers in the United States.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cIt\u2019s just a stressful situation because we don\u2019t know if the tariffs will even happen,\u201d he said. \u201cIt\u2019s not good for anybody.\u201d<\/p>\n<p class=\"css-798hid etfikam0\">Aurelien Breeden<!-- --> and <!-- -->S\u00e9gol\u00e8ne Le Stradic<!-- --> contributed reporting.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>French Champagne producers do nearly a billion dollars\u2019 worth of business with the United States every year. But on Friday in \u00c9pernay, the world capital of sparkling wine, the only number on anybody\u2019s lips was 200. That was the percent tariff that President Trump has threatened to impose on Champagne and other European wines and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":136574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12029],"tags":[1784,57439,52164,24129,3191,9633,5756,6691,52162,10209,35846,16168,11678,16718],"dealstore":[],"offerexpiration":[],"class_list":["post-136573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alcohol","tag-champagne","tag-champagne-wine","tag-customs-tariff","tag-european-union","tag-fear","tag-france","tag-frances","tag-international-relations","tag-international-trade-and-world-market","tag-region","tag-ripples","tag-tariffs","tag-trumps","tag-wines"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fear of Trump\u2019s Tariffs Ripples Through France\u2019s Champagne Region - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=136573\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fear of Trump\u2019s Tariffs Ripples Through France\u2019s Champagne Region - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"French Champagne producers do nearly a billion dollars\u2019 worth of business with the United States every year. But on Friday in \u00c9pernay, the world capital of sparkling wine, the only number on anybody\u2019s lips was 200. That was the percent tariff that President Trump has threatened to impose on Champagne and other European wines and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=136573\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-16T04:16:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/03\/15biz-champagne-01-mlcb-facebookJumbo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1050\" \/>\n\t<meta property=\"og:image:height\" content=\"550\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=136573#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=136573\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Fear of Trump\u2019s Tariffs Ripples Through France\u2019s Champagne Region\",\"datePublished\":\"2025-03-16T04:16:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=136573\"},\"wordCount\":1281,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=136573#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/03\/15biz-champagne-01-mlcb-facebookJumbo.jpg\",\"keywords\":[\"Champagne\",\"Champagne (Wine)\",\"Customs (Tariff)\",\"european union\",\"Fear\",\"France\",\"Frances\",\"international relations\",\"International Trade and World Market\",\"Region\",\"ripples\",\"Tariffs\",\"Trumps\",\"Wines\"],\"articleSection\":[\"Alcohol\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=136573#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=136573\",\"url\":\"https:\/\/fivemor.com\/?p=136573\",\"name\":\"Fear of Trump\u2019s Tariffs Ripples Through France\u2019s Champagne Region - 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But on Friday in \u00c9pernay, the world capital of sparkling wine, the only number on anybody\u2019s lips was 200. That was the percent tariff that President Trump has threatened to impose on Champagne and other European wines and [&hellip;]","og_url":"https:\/\/fivemor.com\/?p=136573","og_site_name":"Som2ny Network","article_published_time":"2025-03-16T04:16:37+00:00","og_image":[{"width":1050,"height":550,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/03\/15biz-champagne-01-mlcb-facebookJumbo.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=136573#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=136573"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"Fear of Trump\u2019s Tariffs Ripples Through France\u2019s Champagne Region","datePublished":"2025-03-16T04:16:37+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=136573"},"wordCount":1281,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=136573#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/03\/15biz-champagne-01-mlcb-facebookJumbo.jpg","keywords":["Champagne","Champagne (Wine)","Customs (Tariff)","european union","Fear","France","Frances","international relations","International Trade and World Market","Region","ripples","Tariffs","Trumps","Wines"],"articleSection":["Alcohol"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=136573#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=136573","url":"https:\/\/fivemor.com\/?p=136573","name":"Fear of Trump\u2019s Tariffs Ripples Through France\u2019s Champagne Region - 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