Caught in the crossfire: Cognac pays the price for Europe’s trade wars
6 Articles
6 Articles
Sales of French cognac have fallen by 90 million bottles, while tariffs and trade disputes with China and the US are putting additional pressure on the industry.
French cognac producers face falling sales as trade disputes with China and the US pressure an industry that is almost entirely dependent on exports. Winegrowers from the region are now asking for more support from the European Union. As the grape harvest draws to a close in southwestern France, producers already know they're in for another tough year. Cognac industry, drinks [...] The article French cognac pays the price of trade wars: Sales do…
The French producers of Cognac face a sharp decline in sales, after trade disputes between the European Union and China, but also trade tensions with the US, have affected the main export markets. Industry, 98% dependent on markets outside the EU, calls for European support, according to Euronews. Grape harvest in the Cognac region, [...]
The commercial war of cognac plunges French sales from 230 million to 140 million bottles and the sector demands a mechanism of solidarity from Brussels.The entry The commercial war of cognac: France loses sales in China and USA and demands support for Brussels aparece primero en Merca2.
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