US EditionHow Trump’s Tariffs Could Affect Your Grocery Bill
UNITED STATES, JUL 30 – The 15% tariff affects over $9 billion in European alcohol exports to the US, with industry groups urging a zero-zero tariff deal to avoid market losses and price hikes.
- On Tuesday, President Donald Trump and European Commission President Ursula von der Leyen announced the deal imposing a 15% tariff on European alcohol exports to the United States.
- The Comité Européen des Entreprises Vins called for a zero-zero trade deal covering wine and spirits, with Chris Swonger backing the proposal.
- Over the past two decades, CEEV estimates that a 15% tariff Trump imposed led to a decline in European wine exports to the U.S.
- Meanwhile, American liquor exports to Europe, which totaled more than $1 billion last year, could suffer protests if the U.S. and EU do not pursue a zero-zero deal.
- Amid criticism from European allies, Trump and White House officials said negotiations will continue on secondary provisions including agricultural products, with Eric Lombard criticizing the framework and Marzia Varvaglione anticipating the 0-for-0 tariff list.
31 Articles
31 Articles
EU wine, spirits to face 15% US tariff from August 1
European wine and spirits will face a 15% US import tariff until a different deal is agreed in talks expected to continue in the autumn, the European Commission and EU diplomats said today, dashing producers' hopes of an immediate reprieve.
EU pushes for wine exemption as US tariffs to kick in
The EU said Thursday it expects its cherished wine sector to be hit along with most European products as US tariffs kick in this week, but negotiations were ongoing to secure a carve-out.Brussels and Washington struck a trade deal at the weekend which will see most EU exports face a 15% US levy starting Friday,...
EU wine, spirits to face 15% US tariff from Aug 1, EU says
BRUSSELS: European wine and spirits will face a 15 per cent United States import tariff until a different deal is agreed in talks expected to continue in the autumn, the European Commission and EU diplomats said on Thursday (Jul 31), dashing producers' hopes of an immediate reprieve. A framework trade deal
Trump's tariff policies: US consumers face price hikes
Prices are rising on European products in the US as tariffs increase from 10% to 15%. Retailers say they're absorbing part of the cost, while consumers brace for further hikes. Wine, cheese and olive oil are among the goods affected.
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How Trump’s tariffs could affect your grocery bill
(The Hill) – President Trump’s wide-ranging tariffs scheduled to go into effect Friday could raise food and grocery prices by several percentage points, according to analyses by two think tanks. The Yale Budget Lab estimated Monday that food prices would rise 3.4 percent in the short-run and stay 2.9 percent higher in the longer term. The Tax Foundation calculated that about 75 percent of the country’s food imports would be impacted by the tarif…
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