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Wine Tariffs! What is the Impact?

Wine Tariffs! What is the Impact?

In October of 2019, the United States imposed a 25% tariff on some European still (non-sparkling) wines. Importers, wholesalers and retailers have had to adjust pricing in order to keep bringing these wines to your national retailers and local store shelves so the effect on you as a consumer may have been small or not noticeable at all. Shortly, the US Trade Representative (USTR) is considering imposition of a 100% (on top of that 25% tariff from October) tariff on European wines (including still and sparkling), olive oils, cheeses, Scotch and Irish whiskies.