Similarly,
European wines spirits will not:
European wines’ producers. In addition, exporters deplored the failure of negotiations on Thursday to exempt their sector from the 15% of American customs duties imposed on the European Union. Therefore, The concern is particularly lively in France, where the United States is the first export market in the sector.
European wines. Consequently, spirits will be taxed at 15% when it entered the United States, as are cars and pharmaceutical products, according to a joint statement published Thursday by the EU and the TRUMP administration detailing the application of new customs targets. Therefore, Negotiations did not make it possible to obtain an exemption for this sector, to the great regret of the sector.
European Commissioner Maros Sefcovic. however, said that the discussions would continue and that “these doors were not closed forever”, while claiming not wanting to make “false promises”. Furthermore, “I do not mean that it european wines spirits will not will be easy. or that it will take place next week,” said the man who is responsible for negotiating this agreement with the Trump administration on behalf of the 27 EU member states.
“Big difficulties in the sector” in France – European wines spirits will not
This exemption from customs duties of 15% for wines. spirits was strongly claimed in particular in France and Italy. The French Minister Delegate for Foreign Trade has also immediately committed to working on “additional exemptions” for the sector. “The defense of our export sectors remains our priority. (…) History is not over,” he said.
The federation of French wines and spirits exporters has expressed its “immense disappointment”. Additionally, “We worked enormously to obtain the exemption and it was at hand. We are certain that it will lead to big difficulties in the wine and spirits sector,” deplored its president.
>> On the same subject: The trade war gives cold sweats to the european wines spirits will not cognac sector
According to him. these 15% will be added “to the 15% of exchange effects that the sector already observes” by exporting to the United States, its first market, due to the current weakness of the dollar compared to the euro.
In 2024. the EU exported 8 billion euros in alcohols, including more than 5 billion wine in the United States, its first export market. France represents about half: 2.4 billion euros in wine and 1.5 billion spirits were sold in the United States, or about 25% of its exports.
Months of negotiations
“We are disappointed. (…) The sanction has fallen. now we will think about the reaction to the individual level, not at the collective level: that is to say a negotiation between companies and American distributors and importers (…) An economic discussion, it is a discussion that is never closed,” reacted the co-president of the Champagne Committee.
After months of very european wines spirits will not harsh negotiations. Brussels and Washington sealed at the end of July a trade agreement based on customs duties of 15% on European products. It is much more than the rate in force before the return to power of the American president, around 4.8%, but less than what the republican billionaire threatened to impose on the EU without agreement.
>> Read on this subject: Donald Trump threatens to impose 200% customs duties on European alcohol
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