Tag Archive: Tariffs
Report: U.S. Tariffs Result In €1 Billion Blow To French Wine And Spirits Sector
Following last week’s news that the U.S. will add Cognac to its list of tariffed goods from France, the French Federation of Wine and Spirits Exporters (FEVS) says the move will result in significant losses to the French drinks industry. Continue reading →
Posted in News on January 5, 2021News Briefs for December 9, 2020
•Last night, the U.K. announced that it will suspend the November 2020 retaliatory tariffs on U.S. goods—part of the ongoing trade war between the U.S. and European nations over aircraft subsidies—effective January 1. Continue reading →
Posted in News on December 9, 2020American Spirits Face New Tariffs In European Union
The European Union has expanded tariffs on American goods including several spirits categories. Continue reading →
Posted in News on November 10, 2020European Union Weighs Further Tariff Hikes On U.S. Goods
Reports emerged over the weekend that the European Union could issue new tariffs on $4 billion worth of U.S. goods as soon as tomorrow, although Germany is said to be advocating for a more conciliatory approach in light of the U.S. election results. Continue reading →
Posted in News on November 9, 2020Burgundy’s Shipments To U.S. Hit By Tariffs, Pandemic
After a strong year in 2019, Burgundy shipments to the U.S. are down by double-digits through the first seven months of 2020, owing to the twin blows of the pandemic and 25% U.S. tariffs on French wines below 14% abv. Continue reading →
Posted in News on October 22, 2020Transatlantic Alliance Calls For End To Trade War, As Tariffs Weigh Down Drinks Shipments
A transatlantic alliance of 18 trade organizations representing the U.S., E.U., and U.K. beverage sectors is urging their governments to deescalate the trade war that has resulted in lower shipments of wine and spirits from both sides of the Atlantic in recent months. Continue reading →
Posted in News on October 8, 2020