EU Greenlights €5 Billion French Wine Export Scheme

The European Commission has given the green light to a €5 billion French scheme aimed at enhancing wine and spirit exports to the United States. The approval came on Thursday, reflecting efforts to preemptively mitigate upcoming tariff impacts.

This substantial scheme, conforming to EU state aid regulations, will be effective from May 8 to July 8, 2025. It is designed to allow exporters to ship their products ahead of new tariffs that might impose higher costs on these goods.

Such measures are indicative of strategic responses by the EU to secure market access and support national industries in the face of fluctuating trade barriers. As export dynamics evolve, France seeks to reinforce its footprint in the vital U.S. market, underscoring the significance of this timely intervention.

(With inputs from agencies.)