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Tariff Hikes Could Hit All EU Wines
Dec 11, 2019
(Wine-Searcher) - The gloves are coming off in the trade war, as more European wines face the 100-percent tariff.
The ugly trade war between the United States and the European Union looks like worsening, after US trade authorities suggested increasing tariffs and broadening their scope to take in all wines from the EU.
The Office of the US Trade Representative (USTR) updated its online registry of tariffs and suggested it could increase the number of products subject to tariffs as well as increasing the tariff rates – rates that could be as high as 100 percent, according to the way the USTR is talking this week.
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