US Edition
US Wine Sellers Left in Limbo Despite EU Tariff Deal
The 15% U.S. tariff on European wine and spirits is expected to cause $1.7 billion in lost revenue and cost 12,000 U.S. jobs, with EU negotiations ongoing for exemptions.
- On August 21, 2025, EU trade commissioner Maros Sefcovic presented a joint statement saying the European Commission did not secure an exemption for wine and spirits from the U.S. 15% tariff.
- The July accord between President Donald Trump and Ursula von der Leyen set the stage for a 15% U.S. tariff on most EU exports, while EU negotiators agreed to improve market access for U.S. seafood and agricultural exporters.
- The Italian Wines Union forecasts 317 million euros in potential losses over the next 12 months as EU trade data show 4.9 billion euros in transatlantic wine exports, with Aneff noting, `For every dollar we spend in the European Union on wine, we make $4.52`.
- Importers report price increases of 10-15 percent since June, many face a 20-percent cost swing this year, while inventories deplete and retailers feel the pinch.
- From September 1, a special regime will apply to some EU exports, but Maros Sefcovic said, `Unfortunately, here we didn't succeed`; Giacomo Ponti urged, `We now need determined action to reintegrate our sectors among those that enjoy a totally open US market`.
77 Articles
77 Articles
The sentence has fallen: the wine and spirits sector will be taxed at 15% against 4.8% before Donald Trump's re-incarnation at the White House. On the Atlantic side, no doubt, the mark will be salty with an average increase of 30% per bottle. What about France? Will the average consumer see the prices of his favorite alcohol rise?
Brussels has expensively bought the lower US tariffs. Trump's promises will hardly be able to keep the EU.
The increase to customs for agri-food products unites the wine sector on both sides of the Atlantic
Tariffs: US and EU finalize new trade framework
In a joint statement on Thursday, Washington and Brussels unveiled the details of the deal reached at the end of July, which imposes a 15% tariff on most European exports. The pharmaceutical and aviation sectors will be exempt, but not wine and spirits.
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