The tariffs on agricultural products are justified by Trump by the extent of the
The United States’ agricultural trade deficit. Coffee and chocolate producers, especially in Vietnam and Côte d’Ivoire, suffer direct impacts, while European chocolatiers benefit from an advantage
Competitive. European wine exporters, like French producers, see their sales decrease due to the tariffs imposed by the
United States. American farmers are losing markets to countries like Brazil, Argentina and Russia. Brazil is transforming more and more
Of ethanol corn, which reduces its cereal exports. Changes in European rules, such as the authorization of publishing
Genetics, aim to increase agricultural yields.
Source: Bloomberg