Italy's winemakers warn of pricey stalemate due to tariffs

Wine tariffs already applied, goods to US blocked

US tariffs on Italian wines have already been applied, and goods going to the US have been blocked, the Unione Vini wine group said Thursday. (ANSA)

The policies, adopted or announced, by Donald Trump are also beginning to reverberate in the commercial exchange between Italy and the United States. The ISTAT data for February are eloquent: exports of Made in Italy to the US fell by 9.7% compared to the year before, while imports fell by 4.9%. Although exports have fallen more than imports, the balance remains largely positive for Italy: the value of exports exceeds that of imports by 3.5 bill…

Italy is concerned but not 'terrified' by potential Trump wine tariffs, minister says

ROME - Italy is concerned but not \"terrified\" of any new tariffs the United States could impose on wine, the country's agriculture minister said on Thursday, adding he hoped diplomatic efforts could avert damage to a key industry.

The main Italian agricultural union, Coldiretti, warned on Thursday that wine exports to the United States were blocked for fear of tariffs, which could cost producers €6 million a day.

Italy's winemakers warn of pricey stalemate due to tariffs

Italy's winemakers warn of pricey stalemate due to tariffs

Italian wine exports to US 'at standstill' due to tariff fears

MILAN (Reuters) -Italian wine and spirits exports to the United States are stalling due to the uncertainty over possible tariffs that President Donald Trump could impose in the coming weeks, trade group Federvini said on Wednesday.