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'Everyone worried' by Trump tariffs in France's champagne region
'Everyone worried' by Trump tariffs in France's champagne region

With the United States the largest export market for champagne, producers of France's leading sparkling wine had little to celebrate on Thursday about facing an additional 20 percent tariff, although they held out hope for negotiations. The wider wine and spirits sector also hopes negotiations could lead to the additional tariff being removed.

UK avoids worst US tariffs post-Brexit, but no celebrations
UK avoids worst US tariffs post-Brexit, but no celebrations

More than four years after the UK's withdrawal from the European Union became effective, Britain has escaped harsher US tariffs, facing only half of the 20 percent imposed on its EU neighbours. Although he called the 10 percent levy "a disappointment," it is significantly lower than the 20 percent levy on the EU and the 34 percent levy on China.