Recently, taxes on wine and spirits imported from France had been increased by the United States in the context of the dispute between Airbus and Boeing. A terrible situation for exporters. On Tuesday, a five-year truce was decided between the United States and the European Union. For Gérard Bertrand, wine exporter to the United States, this is "excellent news".
The United States and the European Union found an agreement on Tuesday to "definitively conclude" the issue of the conflict between Airbus and Boeing.
A five-year extension of the truce has been decided.
The punitive tariffs that surrounded the standoff between the two manufacturers have also been suspended.
For the French Minister of the Economy Bruno Le Maire, this is "excellent news for French and European companies".
"Excellent news"
Since the start of the conflict between Airbus and Boeing, the collateral damage has been extremely high.
A large tax had been deployed on non-sparkling wines, regardless of their degree of alcohol and their content.
It is now over.
"Excellent news" according to Gérard Bertrand, the largest exporter of French wine to the United States, interviewed Wednesday on Europe 1.
>> Find all the newspapers of the editorial staff of Europe 1 in replay and podcast here
"It allows us to have time in front of us to continue to develop on the American market, to have a clear vision. And above all, it allows us to have stability in terms of price," continues Gérard Bertrand.
Since 2004, transatlantic relations have been very difficult because of the Boeing-Airbus conflict.
"An oxygen balloon"
Recently, punitive wine taxes had even been increased.
"In recent months, with taxes, on the one hand, we have lost some market share and on the other hand, our prices had increased on the shelves in an unjustified manner", explains the wine exporter.
"We have twenty-five people working on site, it's a big challenge!", Explains Gérard Bertrand.
For him, this truce will make it possible to create "a much needed oxygen balloon".