A US-EU Trade War Could Spell Trouble For Wine Lovers

The US is considering imposing tariffs of up to 100% on French wine imports in response to France's tax on US digital companies. This could significantly increase the cost of French wines in the US, affecting importers and potentially leading to business closures. European wineries are expected to find alternative markets, while US e-commerce platforms like Drizzly may lose access to a significant portion of their products. The US and France are set to discuss these issues at an international forum, which may prevent the tariffs from being implemented.

What is the main reason the US is considering new tariffs on French imports?

• To improve trade relations with the EU

• To support US wine producers

• In retaliation for France's tax on US digital companies

• To increase government revenue

What was the percentage of the tax imposed by the US on European wine imports in 2019?

• 25%

• 15%

• 10%

• 50%

How might increased tariffs affect US wine importers?

• They will have more access to European wines

• They will benefit from reduced competition

• They could face increased costs and potential closures

• They may expand their business

What percentage of products on Drizzly's platform could be affected by the tariffs?

• 13%

• 10%

• 5%

• 20%

Where are the US and France expected to discuss their digital tax differences?

• New York

• Paris

• London

• Davos