The US president Donald Trump has recently threatened a 200% tariff on wine and champagne from European Union countries, in the latest threat of escalation in the global trade war started by the US against the EU.
Trump said in a post on his Truth Social platform that the tariffs on all alcoholic products from the EU would be in retaliation for a “nasty” 50% levy on American bourbon whiskey announced by the EU.
The EU’s action against American whiskey was part of a €26 billion response to Trump’s 25% tariffs on steel and aluminium imports, which came into effect last Wednesday (12 March).
“This cycle of tit-for-tat retaliation must end now! We urge both sides to stop using our sector as a bargaining chip in conflicts that have nothing to do with us.” said Pauline Bastidon, director Trade & Economic Affairs.
Spirits trade exemplifies how open markets create mutual benefits. Reimposing tariffs would be a step backward—hurting businesses, workers, and consumers on both sides.
“The EU and US must de-escalate this dispute now and ensure spirits are never again caught in the crossfire.” she added.
Spirits trade
Transatlantic spirits trade has thrived tariff-free since 1997, with brief but damaging disruptions due to past unrelated disputes.
The spirits sector is fully united in its commitment to keeping it that way.
EU spirits companies have invested heavily in US production, including American Whiskey, just as US spirits companies own distilleries across the EU, producing regionally distinctive products tied to local heritage.
“We are each other’s top markets—interwoven by investment, tradition, and shared success, so keep spirits out!” Bastidon concluded.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. Read More
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
Fans 0
Followers