Little cheer for Beaujolais Nouveau as U.S. tariffs guzzle profits

By Cecile Mantovani LYON, France (Reuters) - Beaujolais Nouveau wine lovers made merry as this year's first bottles were uncorked, but producers faced the sobering truth of a dip in margins due to new tariffs imposed by the United States, their second biggest export market. Barrels of this season's vintage, a red made from Gamay grapes in the Beaujolais region, were rolled through the streets of Lyon in a traditional torchlit procession

The post Little cheer for Beaujolais Nouveau as U.S. tariffs guzzle profits appeared first on Firstpost.