Will Levi’s jeans cost more because of Trump?

Due to the trade war between the United States and Europe, the European Union has decided to tax bourbon, motorcycles or boats imported on the other side of the Atlantic. Thus, the risk of paying more expensive American products for Europeans exists.

© Getty_images – Levi’s jeans are not produced across the Atlantic. Save save Receive alerts Donald Trump will you have to give up a particularly popular product from the French? While the trade war started by Donald Trump should lead to heavy European taxes, Levi’s could be added to the list of American products that will become more expensive in Europe. Thus, it could become more difficult to get hold of the jeans of the clothing brand. As of April 1, the European Union should impose a tax on several products made in USA such as Bourbon, motorcycles or boats. But if the risk of paying more expensive American products exists, concerning Levi’s jeans, the case is quite different. Indeed, the latter are not produced across the Atlantic and are therefore not subject to the customs duties imposed by the EU, recalls La Dépêche. “The products of this brand come from Europe, Asia and the Middle East,” said the Levi’s Strauss group in Europe, Mathieu Mahmoun. Read also: Trump in trade war: in France, which companies have the most to lose? Trump threatened France and the EU to impose customs duties on their Champagnes to provide its markets, the American brand decides to source from 25 different countries. “Many companies are doing this calculation, to settle as close as possible to the markets, including large French groups,” says Nicolas Dross, Commerce Advisor to the French Representation to the European Commission. “They will divide the world into a certain number of markets, corresponding to the major consumption centers, where they will have dedicated factories,” he adds, still with our colleagues. This mechanism makes it possible to bypass customs fees of European countries, while avoiding the Made in USA. This Thursday, March 13, Donald Trump also threatened France and the European Union to impose 200 % customs duties on their champagnes, wines and other alcohols in the event that new EU customs tariffs of 50 % on American whiskey are not removed. Receive our latest news each morning, most of the Capital news. (tagstotranslate) Donald Trump (T) Shopping (T) V u00eament (T) Levi’s

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