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EU wine, spirits to face 15% US tariff from Aug. 1, EU says

EU wine, spirits to face 15% US tariff from August 1, EU says

European wine and spirits will face a 15% U.S. import tariff until a different deal is agreed in talks expected to continue in the autumn, the European Commission and EU diplomats said on Thursday, dashing producers' hopes of an immediate reprieve.

Bloomberg · 2d

EU Said to Push for a Spirits-Wine Tariff Deal Touted by Arnault

The European Union is pushing to get more exemptions from the 15% tariff agreed with the US this week, with wines and spirits a top priority.

CNBC on MSN · 18h

CEEV: 15% tariff will drastically reduce EU wine and spirit makers’ turnover

Ignacio Sánchez Recarte, secretary general at the European Committee of Wine Companies (CEEV), discusses the impact of a 15% tariff rate on European spirits and wine makers.

tariff, Trump

The Associated Press on MSN · 4h

What consumers can expect from import taxes as the US sets new tariff rates

Late Thursday, Trump ordered new tariff rates for 66 countries, the European Union, Taiwan and the Falkland Islands. Among them: a 40% tariff on imports from Laos, a 39% tariff on goods from Switzerland and a 30% tariff on South African products.

ABC News on MSN · 23h

Trump unveils tariff rates set to take effect next week

The countries facing the highest rates are Laos and Myanmar at 40% and Syria -- at 41%. The president previously announced a 40% tariff on Brazil, that when added on top of the 10

Bloomberg L.P. · 1d

Trump Sets Baseline Tariff Rate of 10%, Hikes Levy on Canada

The Swiss franc has weakened on news the US will impose 39% tariff on goods. President Donald Trump will keep minimum global tariff rates at 10%, resisting prior suggestions he could raise the floor to 15% or higher,

EWN5h

Expert explains why our wine industry will weather the US tariff storm

Local wine producers say that the US has been a premium destination for wine exports, and losing that market would put strain ...

KTEN11h

French wine industry warns of 'brutal' impact from US tariffs

The French wine industry on Friday warned of a "brutal" impact from US tariffs and a weak dollar, urging France and the ...

2don MSN

How Trump’s tariffs could affect your grocery bill

President Trump’s wide-ranging tariffs scheduled to go into effect Friday could raise food and grocery prices by several ...

5don MSN

Trump, E.U. reach contours of trade deal with 15% tariffs

The pact would set duties of 15 percent on imports of items such as wine and automobiles, or about half the 30 percent the ...

4don MSN

Wine and spirits industry left on ice as sector overlooked in EU-US trade negotiations

U.S. agreement, secured by President Donald Trump in Scotland, imposes a 15% tariff on most European goods but does not outline a tariff for the wine and spirits industry.

4don MSN

Explainer: Why Big Alcohol needs US tariff relief in five charts

European Union wine and spirits producers could emerge among the few winners of a EU-U.S. trade deal agreed at the weekend ...

Citrus and Wine industries plead with Ramaphosa for protection from looming tariffs

On Monday, the wine industry said that South Africans should double down on supporting the local wine industry to offset the ...

Yen on MSN4d

US tariff tussles stuff of nightmares for Bordeaux winemakers

French wine producers, already reeling from a downturn in their market, still do not know how bitter a taste the US tariffs ...

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