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French food sector warns of US tariff blow
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The Cattle Site
France's dairy sector exports nearly half of its production, including to the United States, which imports mostly cheeses such as Brie but also fresh products like yogurt and butter.
It risks losing annual sales worth tens of millions of euros, said Huard, noting the sector sells 350 million euros ($409 million) worth of dairy products to the U.S. annually.
French food exporters are worried that additional import taxes could push up prices of their products beyond the reach of inflation-strapped shoppers in the United States.
"Products like wine, especially, are consumed for pleasure -if you have less money to spend, you might forgo the purchase," said Yannick Fialip, head of association CNPA, which promotes French food exports.
"We will be less competitive," Fialip added, noting a weaker dollar had already added pressure on exports to the U.S.
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