Will wine and spirits be hit by US tariffs tomorrow? Even the EU doesn't know
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Euronews.com
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The EU has announced a new asymmetric tariff agreement with the Trump administration, aiming for predictability. However, crucial details regarding tariffs on EU industrial goods, particularly wine and spirits, remain unresolved. Industry stakeholders hope for exemptions, but officials indicate that wine and spirits are unlikely to be included. The EU is negotiating to secure exemptions, especially for France, Italy, Spain, and Ireland, as the wine and spirits industry is strategically important. The sector supports many jobs in France and is already affected by Chinese tariffs. The EU's negotiating position has weakened, limiting its leverage over these products. Teljes cikk (Euronews.com)