Tag Archive: Tariffs
Wine Trade Alliance Advises Halting Of E.U. Shipments Pending April Tariffs
The U.S. Wine Trade Alliance (USWTA), a coalition of industry players from all three tiers advocating against tariffs, is “strongly advising” its members to temporarily halt shipments from the European Union, as it believes the risk of heavy tariffs on E.U. wines and spirits beginning April 1 is too great to ignore. Continue reading →
Posted in News on March 19, 2025Trump Ups Ante On E.U. Drinks Tariffs, Threatening 200% Levy
With heightened tariffs looming on both sides of the Atlantic, wine and spirits players at all three tiers are bracing for increased costs and lower margins. Continue reading →
Posted in News on March 13, 2025Drinks Industry Hopes For Tariff Carveout
Drinks industry operators continue to hold out hope for an exemption from U.S. tariffs on products from Canada and Mexico, especially after yesterday’s news that the auto industry has received a one-month reprieve from the levies. Continue reading →
Posted in News on March 6, 2025DISCUS Hails India’s Slashing Of Bourbon Tariffs
While the industry has generally been on alert for higher trade hurdles recently, U.S. whiskey makers are set to see some relief in the promising India market, with that country pledging to reduce tariffs on Bourbon from 150% to 100%. Continue reading →
DISCUS: Spirits’ Share Growth Continues, Tariffs A Threat To Progress
The Distilled Spirits Council of the United States (DISCUS) reported that spirits volumes in the U.S. grew 1.1% to 312.2 million cases in 2024, while supplier sales by value dropped 1.1% to $37.2 billion. Continue reading →
Posted in News on February 12, 2025Canada, Mexico Tariffs Paused For One Month
President Trump has paused his planned 25% tariffs on Canadian and Mexican goods for one month, after both countries pledged to beef up border security to address trafficking of fentanyl and other drugs. Continue reading →
Posted in News on February 5, 2025