Showing posts with label French wine. Show all posts
Showing posts with label French wine. Show all posts

Thursday, March 02, 2023

Americans Know the Best Way to Learn About Wine Is To Drink It

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"The United States confirmed its role as the driving force behind French wine and spirits exports," the Federation of French Wine and Spirits Exporters Chairman Cesar Giron told Reuters.  

French wine and spirit exports rose 11% last year to hit a new record, mainly boosted by a rise in prices, and the trend should last this year as Chinese consumers return to restaurants and resume travel, industry group FEVS said.

Exports to the United States, France's largest market for wine and spirits, jumped 14% last year to 4.7 billion euros and now accounted for over a fourth of total exports in value.

Americans know the best way to learn about wine is to drink it.

I'll drink to that.  Cheers.

Friday, March 05, 2021

U.S. Suspends Tariffs on Most U.K. Goods To Ease Trade Tensions

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The U.S. and U.K. will suspend tariffs for four months “to ease the burden on industry and take a bold, joint step towards resolving the longest running disputes at the World Trade Organization,” the two countries said in a joint statement.

The suspension of U.S. tariffs on U.K. goods, including whisky, will come into force on Mar. 8. The U.S. decision matches the U.K.’s unilateral move to cease applying retaliatory tariffs in January, which was a bid to de-escalate the conflict.

Note:  U.S. tariffs on a basket of European goods, including French wine and cognac, remain in force.

Read more on how the U.S. suspends tariffs on U.K. goods to ease trade tensions, especially between Airbus-Boeing.