Tag Archive: Tariffs
Cape Classics Expands French Portfolio, Warily Eyes Tariff Situation
New York-based importer Cape Classics has built its reputation over the years as a champion of South African wines, but more recently the company has expanded its portfolio with a variety of French offerings from the Loire, Burgundy, and Roussillon, among other regions. Continue reading →
Posted in News on January 17, 2020Drinks Industry Groups Say Tariffs Already Impacting The Business
With the trade battle between the United States and the European Union ongoing—and the U.S. currently considering extending tariffs to all E.U. wines and key spirits categories like whiskies and Cognac—drinks industry organizations say that the negative effects are already being felt across the business and are urging that the two sides ratchet down trade tensions. Continue reading →
Posted in News on January 15, 2020News Briefs for January 13, 2020
•It was Google versus Veuve Clicquot at the U.S. International Trade Commission building in Washington, D.C., last week, as U.S. Trade Representative Robert Lighthizer held two days of hearings over whether the government should impose 100% tariffs on French sparkling wines, handbags, cookware, and other goods. Continue reading →
Posted in News on January 13, 2020Wine Spectator: Restaurants Brace For Potentially Devastating Wine Tariffs
Though the politics have nothing to do with dining, the U.S. government’s ongoing battle with the European Union over aircraft-industry subsidies has the restaurant industry on edge. Continue reading →
Posted in News on January 10, 2020Wine Spectator: Industry Members To Testify Today On Proposed Tariffs
It’s an unusual witness list for Washington, D.C. Nearly two dozen members of the wine industry, including Barkley Stuart of Southern Glazer’s Wine & Spirits, Zachy’s president Jeff Zacharia, Weygandt-Metzler Importing’s Peter Weygandt, and other wine importers, distributors, and retailers, will testify today at a hearing of the Office of the United States Trade Representative (USTR). Continue reading →
Posted in News on January 7, 2020The New War Against Wine, An Open Letter From Marvin R. Shanken
Wine is under attack. The biggest threat to the wine business today is an increase in tariffs on imported wines. As many of you know, the first tariff increase has already taken effect: As of late October, it adds 25% to the cost importers pay for most wines and spirits imported from many European producers. This tariff could have a chilling effect on European wine sales in the coming months. Continue reading →
Posted in News on December 31, 2019
