These French companies that are worried


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In the aftermath of the customs duties agreement between Europe and the United States, anger dominates in France. While the rate increases to 15 %, affected companies are starting to do the accounts.

The cleaver fell for a perfume producer, near Marseille (Bouches-du-Rhône): the European Union and Donald Trump propose to pass customs duties on perfumes and cosmetics from 0 to 15 %. These selling prices in the United States could increase. “”It is a product that is sold for about 20 dollars in the United States. And the 15 %, it will make him cross the bar of 20 dollars, to reach almost 23 dollars. It is a risk of loss of customers and decrease in turnover“, Comments Laurent Cohen, the CEO of Korania.

A risk that Laurent Cohen cannot take. 5 million bottles come out of its factory each year, a quarter being intended for the United States. Impossible to do without this market. To lower its selling prices, it plans to reduce its production costs. “”Perhaps removing the overpacking that is not necessary, the holds inside the case. Having lighter packaging is a packaging that will cost us cheaper. So it will allow us to face the new constraints to which European companies are subject “he thinks.

Taxes are not yet final, or even completely established. For steel and metal, the future taxation is still blurred. A furniture manufacturer has already had several changes. ” On the tables, it was a surcharge that was 25 %, which increased to 50 %. And since yesterday’s announcements, we are waiting to know if it will be maintained at 50 % or if it will be renegotiated “, Confides baptizes Reybier, the general manager of Fermab.

A situation difficult to endure for the business manager, who achieves 10 % of his turnover in the United States. “”It may cause a fairly brutal price increase which could a little slow down the activity. But that does not question our desire to continue in the United States in the long term“He said.

The announcements therefore worry many sectors. A employers’ organization anticipates disastrous repercussions for small and medium -sized French enterprises.



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