Threat of 100% wine tariff lifted – for now
Monday 17 February 2020
Alder explains how the US wine business has dodged the 100% tariff bullet but is seriously suffering from the 25% tariff imposed last October.
The US wine industry just received a bittersweet Valentine. On 14 February, the Office of the United States Trade Representative announced the decision to refrain from applying tariffs of up to 100% on wine and hundreds of other EU goods in response to illegal aircraft subsidies in Europe. (For some background, see Inside the US wine tariffs hearing and Alder's subsequent explanation of the two separate US trade disputes threatening the wine industry.)
The reprieve, buried on...
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