The loss of all English-held territory in France except Calais. A high number of casualties amongst the nobility, particularly in France. A decline in trade, especially English wool and Gascon wine. A great wave of taxes to pay for the war which contributed to social unrest in both countries.
The War Guilt Clause was added in order to get the French and Belgians to agree to reduce the sum of money that Germany would have to pay to compensate for war damage.
