Redditsux@lemmy.world to World News@lemmy.worldEnglish · 1 month agoTrump to Macron: Join 'Board of Peace' or Face 200% Tariffs on French Wine and Champagnemeidasnews.comexternal-linkmessage-square52fedilinkarrow-up1204arrow-down14
arrow-up1200arrow-down1external-linkTrump to Macron: Join 'Board of Peace' or Face 200% Tariffs on French Wine and Champagnemeidasnews.comRedditsux@lemmy.world to World News@lemmy.worldEnglish · 1 month agomessage-square52fedilink
minus-squareInFerNo@lemmy.mllinkfedilinkEnglisharrow-up5·1 month agoDoes the French economy make 1 billion in champagne and wine? If not, then it’s better to cover the losses by subsidizing the industry as opposed to giving even more away to some corrupt organization.
minus-squareRenohren@lemmy.todaylinkfedilinkEnglisharrow-up2·1 month agoThey make about 820 million euros in champagne exports to the US (keep in mind this is only for champagne wines and only exported to the US) .
minus-squareInFerNo@lemmy.mllinkfedilinkEnglisharrow-up1·1 month agoThanks! That’s a lot more than I would have thought.
minus-squaresaimen@feddit.orglinkfedilinkEnglisharrow-up1·1 month agoI can’t imagine US citizens drinking so much wine and champagne and the ones who do might even pay the triple price.
minus-squareInFerNo@lemmy.mllinkfedilinkEnglisharrow-up2·1 month agoI thought so too. The import will never drop to zero, so the difference can be subsidized if France would think its wine industry is in jeopardy. Ya know, privatize profits, socialize losses. Nevertheless, it would still be the better economic choice for France. Spend 1 billion on Trump, or cover the losses for the wine industry. I know which number is bigger.
Does the French economy make 1 billion in champagne and wine? If not, then it’s better to cover the losses by subsidizing the industry as opposed to giving even more away to some corrupt organization.
They make about 820 million euros in champagne exports to the US (keep in mind this is only for champagne wines and only exported to the US) .
Thanks! That’s a lot more than I would have thought.
I can’t imagine US citizens drinking so much wine and champagne and the ones who do might even pay the triple price.
I thought so too. The import will never drop to zero, so the difference can be subsidized if France would think its wine industry is in jeopardy.
Ya know, privatize profits, socialize losses. Nevertheless, it would still be the better economic choice for France.
Spend 1 billion on Trump, or cover the losses for the wine industry. I know which number is bigger.