US EditionTrump's 20% tariff casts shadow over Italian wine exports — TradingView News - Dining and Cooking
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Trump's 20% tariff casts shadow over Italian wine exports — TradingView News - Dining and Cooking
The outlook for Prosecco, Brunello di Montalcino and other Italian wines in the United States is increasingly gloomy, producers and importers said, following President Donald Trump’s imposition of a 20% tariff on European imports. Italy exports more wine to the U.S. than any other country. Last year, it sold 2 billion euros ($2.2 billion) worth [...]
French ECA aims to cork reinsurance gap for wine exports to the US
The European Commission has approved a French export credit scheme that will temporarily boost reinsurance for beverage exports to the US, allowing firms to ship inventory before hefty tariffs come into effect. From May 8 to July 8, French companies exporting wine and spirits to US buyers will be granted access to a pre-existing €5bn reinsurance scheme administered by France’s export credit agency Bpifrance. France had been required to secure ap…
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