
-
India's Modi praises close Sri Lanka ties at holy tree
-
Verstappen wins Japanese GP to close championship gap on Norris
-
Red Bull's Verstappen wins Japanese GP from Norris
-
US storms, 'severe' flooding death toll climbs to 16
-
Rain complicates recovery in quake-hit Myanmar as death toll rises
-
Explosions as Ukraine capital under missile attack
-
The scientist rewriting DNA, and the future of medicine
-
'Anxious': US farmers see tariffs threaten earnings
-
Nostalgia fuels UK boom in vintage video game repairs
-
Snappy birthday: Germany's Leica camera turns 100
-
Bucks clinch playoff berth as West battle tightens
-
Czech beer culture eyes UNESCO listing as pubs take hit
-
Explosions as Kyiv under missile attack, says mayor
-
Weary Boutier still alive in LPGA Match Play after 45-hole day
-
Artificial glaciers boost water supply in northern Pakistan
-
Brooksby upsets Paul to reach Houston final
-
Thomas, Bednarek hit jackpot at Grand Slam Track meet
-
Rodman on target as USA beat Brazil in Olympic rematch
-
'Hands Off!' Anti-Trump Americans flood Washington
-
Harman leads by three at Texas Open
-
Barcelona draw to increase Liga lead after Real Madrid stumble
-
Ecuador mounts anti-drug op overseen by Blackwater founder
-
Pegula rallies to reach Charleston final
-
Nick Rockett flies to victory in magical Mullins Grand National
-
Ovechkin on the brink of the 'impossible'
-
Anthony, Bird to enter basketball Hall of Fame
-
'Phenomenal' Munster edge O'Gara's La Rochelle to reach Champions Cup quarters
-
Munster edge O'Gara's La Rochelle to reach Champions Cup quarters
-
Rahul, Jaiswal fire as Delhi and Rajasthan register big IPL wins
-
Aston Villa beat Forest for seventh straight win ahead of PSG trip
-
Jaiswal, Archer help Rajasthan thrash Punjab in IPL
-
Inter's title charge stalls after throwing away points at Parma
-
Real Madrid stumble at home to Valencia in Liga
-
Leading garment producer Bangladesh holds crisis talks on US tariffs
-
PSG win 13th French title ahead of Aston Villa Champions League clash
-
Nick Rockett storms to victory in the 'Mullins' Grand National
-
Despair and sadness follow death of Malian musical great Amadou
-
Arsenal held by Everton, Wolves push Ipswich closer to relegation
-
Lions contender Prendergast fires Leinster to Champions Cup quarters
-
Nick Rockett wins the 'Mullins' Grand National for father and son
-
Last-gasp Buendia goal keeps Leverkusen's Bundesliga title hopes alive
-
Video shows last minutes before Gaza aid workers' deaths, Red Crescent says
-
Zverev 'mentally' affected by Australian Open defeat
-
Rahul guides Delhi to third straight IPL victory
-
Arsenal draw at Everton to edge Liverpool closer to Premier League title
-
Senate Republicans move forward with Trump tax cuts
-
Sinner regrets 'unfair' doping ban as he prepares return to courts
-
Isa hat-trick powers Toulon into Champions Cup quarters in Saracens thriller
-
'Hang tough, it won't be easy': Trump defiant on tariffs
-
Zelensky slams 'weak' US reply to Russian strike on his hometown
NGG | -5.25% | 65.93 | $ | |
CMSC | 0.13% | 22.29 | $ | |
RBGPF | 100% | 69.02 | $ | |
RIO | -6.88% | 54.67 | $ | |
GSK | -6.79% | 36.53 | $ | |
SCS | -0.56% | 10.68 | $ | |
RELX | -6.81% | 48.16 | $ | |
RYCEF | -18.79% | 8.25 | $ | |
CMSD | 0.7% | 22.83 | $ | |
BTI | -5.17% | 39.86 | $ | |
BCC | 0.85% | 95.44 | $ | |
AZN | -7.98% | 68.46 | $ | |
BCE | 0.22% | 22.71 | $ | |
JRI | -7.19% | 11.96 | $ | |
VOD | -10.24% | 8.5 | $ | |
BP | -10.43% | 28.38 | $ |

'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.
"We're all worried about the decisions made by the American president," said David Chatillon, copresident of the Comite Champagne that is the trade association for the industry.
Trump spared almost no nation on Wednesday, hitting friends and foes alike and reserving some of the harshest tariffs for major trade partners, including the European Union and China.
EU products will face an additional 20 percent tariff from next week.
Some chose to look at the decision as a glass half full as Trump had threatened last month to slap EU wine and alcohol with 200-percent tariffs, and singled out champagne.
"So with that, we've gone from 200 percent to 20 percent, and no specific sectors," said Vitalie Taittinger, who heads up her family's namesake champagne house.
Trump's use of the word of reciprocal in describing the measures "can lead one to think that there's hope and room for negotiation," she told AFP.
The champagne house, which ages its wines in cellars adapted from chalk pits dating from the 4th century, exports some 600,000 bottles annually to the United States, its second-largest market.
Taittinger said she hopes the EU and United States can avoid public posturing and a political overreaction and to engage in measured negotiations to find a resolution.
- 'Additional burden' -
Maxime Toubart, the other copresident of the Comite Champagne said "the entire industry is mobilised against this tax" which "puts in danger our presence on the American market" as well the economic viability of the sector and the Champagne region.
The trade group said champagne is "a key element of the French economy" with nearly six billion euros ($6.7 billion) in annual sales.
Nearly 30 million bottles of champagne worth 810 million euros were exported to the United States last year
"With these 20-percent tariffs we'll have a drop in volumes, but that doesn't mean that the (US) market is finished for us, which could have been the case with 200-percent tariffs," said Christine Sevillano, head of the Champagne independent vintners trade association.
But the additional US levies are "an additional burden to all of those that we already have," said Sevillano, pointing to climate change and regulatory directives.
"The United States is after all a very important market which had been rising in terms of volume and value recently," she added.
- 'Won't give up' -
Sevillano, who exploits nearly eight hectares (20 acres) in the Marne river valley, said small independent vintners are at a disadvantage compared to large champagne houses, as developing export markets is costly and time consuming.
"Were my investments just money for nothing? Will my new partners work with me? I don't know."
But Sevillano said she "won't give up because it's a lot of money, after all".
She expressed hope that politicians on both sides of the Atlantic would opt to deescalate the situation and find a solution.
The wider wine and spirits sector also hopes negotiations could lead to the additional tariff being removed.
In 2024, the EU shipped eight billion euros in alcoholic beverages to the United States, its top export market. Wine accounted for five billion of those exports.
cor-vid-etb-kau/rl/rmb
L.Dubois--BTB