What to know about the proposed 100% tariff on European goods that has the wine industry freaking out
Tough times for European wine may be ahead. Photo: Justin Sullivan/Getty Images Trump’s wine war has the industry bugging out. U.S. importers, industry watchers, and European producers are fretting about the impact of a proposed 100 percent tariff on European goods, including wine, that would go into effect in early 2020. That’s … a hefty tax on your favorite Chardonnay. But what’s it mean for everyone involved? Here’s what you need to know.That was only for French wine.
One anonymous wine importer tells Wine Spectator “I’m freaking out,” Renato Ratti’s Pietro Ratti tells the publication the tariff “makes no sense at all,” and Jean-Louis Carbonnier of Château Palmer says that “the price would be so daunting to consumers that they would change their purchasing.” Line importer John Coyle said on the Drinking on the Job podcast that that “small importers will be out of business” as a result.Neither does Grub! We were just about to go all on a case of Friulano.
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