US EditionEuropean Wine Industry at Stake in U.S.-EU Trade Talk
14 Articles
14 Articles
European Wine Industry at Stake in U.S.-EU Trade Talk
The European wine industry may face challenges as wine could be excluded from preferential treatment in a U.S.-EU trade agreement. Major European wine-producing countries rely on the U.S. market for exports exceeding 5 billion euros annually. Industry leaders urge a zero-tariff approach for alcoholic beverages.
German wine producers are under pressure. High tariffs from the USA threaten their most important export market. Other customers do not find themselves so fast.
"We need a tariff agreement now!", was expressed by the president of the Interprofessional Wine of Spain (OIVE) Fernando Ezquerro during the presentation this Thursday of the report 'Economic and social renewal of the wine sector in Spain' prepared together with International Financial Analysts (AFI). Specifically, the association that represents the wine sector estimates that the United States is the second destination of our sales abroad repre…
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