“France charges us a lot for the wine and yet we charge them very little for French wine,” the American president remarked during a long interview on CNBC.
French wine is known to be “very good”, commented the incumbent of the White House, who does not drink alcohol. But American winegrowers complain that it enters the United States “for nothing”.
“It’s not fair, we’re going to do something about it,” he also said.
Donald Trump has consistently denounced the imbalances in US trade with its partners. Last year, the trade deficit with France alone amounted to USD 15.81 billion (+3.2%).
Last November, he referred to the trade imbalance between the two countries on wine products, in tweets also targeting French President Emmanuel Macron. He wrote: “France makes it very difficult to sell American wine in France and imposes heavy customs duties, while the United States makes it easier for French wines and has only low customs tariffs. That’s not fair, it has to change!”
His comments on Monday come at a time when the United States and the European Union are expected to enter into formal negotiations to reach a trade agreement. For the time being, Brussels does not want to include the agricultural sector in a treaty.