France's Macron to convene sectors hit by U.S. tariffs - French presidency
Published by Global Banking & Finance Review®
Posted on April 3, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 3, 2025
1 min readLast updated: January 24, 2026
Macron will meet with sectors affected by U.S. tariffs, including French wine exporters, as Trump's trade policies escalate global tensions.
PARIS (Reuters) - French President Emmanuel Macron will convene all representatives of business sectors hit by the import tariffs announced Wednesday by U.S. President Donald Trump at the Elysee palace later in the day, the French presidency said on Thursday.
Trump on Wednesday unveiled a 10% minimum tariff on most goods imported to the United States - with a higher 20% rate for the European Union - kicking into high gear a global trade war that threatens to drive up inflation and stall U.S. and worldwide economic growth.
Sales of French wine and spirits are expected to slide at least 20% in the United States Trump announced reciprocal tariffs, the French wine and spirits exporters group FEVS said on Wednesday.
(Reporting by Elizabeth Pineau; Editing by Benoit Van Overstraeten)
The article discusses Macron's response to U.S. tariffs affecting French sectors, particularly wine and spirits.
French wine and spirits exports to the U.S. are expected to decline by at least 20% due to the tariffs.
The tariffs could escalate global trade tensions, potentially affecting economic growth and inflation.
Explore more articles in the Headlines category


