Beaujolais Nouveau wine lovers made merry as this year's first bottles were...
LYON, France - 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.
As the clock struck midnight on the third Thursday of November, bottles were popped open for late-night drinkers wearing “I Heart Beaujolais” T-shirts. U.S. Beaujolais lovers will see little impact on their wallets, with prices remaining between $10 to $15 per bottle as dealers dug into their own pockets to hold prices steady, David Ratignier, vice-president of the Inter Beaujolais Association, said.
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