EU Wines Spared 100% Tariffs

EU Wines Spared 100% Tariffs
Wine imports from France, Spain and Germany will continue to shrink after the U.S. Trade Representative opted to keep tariffs in place. (Istockphoto)
From the Apr 30, 2020, issue

The Trump administration sent wine consumers a decidedly mixed Valentine today. In the early evening hours, U.S. Trade Representative Robert Lighthizer issued a decision in his review of the ongoing trade war between the U.S. and the European Union over subsidies to plane manufacturer Airbus.

The good news? The administration has decided not to raise tariffs on European wines for now, opting instead to raise tariffs on European airplane parts from 10 percent to 15 percent.

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