In addition,
United states, wine importers concerned:
Confirmation of customs duties of 15% for European wines in the United States is not good news for the import. Nevertheless, distribution of wine on site. Moreover, A sector that represents hundreds of thousands of jobs.
Details of the customs duties agreement between the European Union and the United States have left the wine sector on its hunger on both sides of the Atlantic, American importers preparing for the consequences of an increase in prices for the majority of their products. Similarly, Because despite the hopes. Additionally, Similarly, united states, wine importers concerned especially on the French side, of an exemption for European wines and spirits, the sector will be taxed at 15%, like many other European products.
For American businesses. Nevertheless, as in this Washington store near the Capitol, it means an increase in prices, not only on wines from small European producers, but also on those from South Africa or Argentina, affected by other surcharge, from 10% to 30%. Furthermore, “Everyone reviews prices”is worried about the owner of the store. However, Michael Warner, who says he has already observed increases of 10% to 15% from his suppliers since June. Consequently, In its store. Moreover, more than 80% of wines are imported, two thirds of Europe, and if many importers have made stocks before the entry into force of customs duties imposed by Donald Trump, the inventory is emptied. Between drops to the dollar and customs duties, Mr. Warner estimates that united states, wine importers concerned many importers “See a 20% increase in their costs. And we will see the prices increase, most certainly in the coming months and for the holiday season ”.
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No “privileged treatment” – United states, wine importers concerned
Until the end. notably pushed by Paris, European negotiators have hoped for an exemption for European wines and spirits, without success so far. Thursday. the Federation of French Wine exporters expressed “His deep disappointment”even if the European Commerce Commissioner, Maros Sefcovic, tried to be reassuring, saying that “The doors are not definitely closed”. Asked by AFP. an official of the White House, however, assured that the government had “Not granted privileged treatment to alcohol from Europe” As part of the agreement on negotiations between the two banks of the Atlantic. For the president of the American Alliance of Wine Trade. Ben Aneff, the country benefits “Very largely from the sale of wines from Europe”.
united states, wine importers concerned
In question. a particular system which requires foreign producers to go through an American importer, who is responsible for selling their products to wholesalers, who provide retailers, before arriving at the end consumer, which gives an essential place to American companies in the supply chain. “For each dollar that we spend for European wine, we earn 4.52”specifies Mr. Aneff, which represents, according to his calculations “About $ 24 billion” Won by importers out of 5.3 billion dollars of wines bought each year from European producers.
American producers affected
An activity that supports hundreds of thousands of jobs in import. distribution, not to mention the tens of thousands of small specialized merchants, who in turn sell consumers and restaurants. “We have no guarantee concerning a potential exemption but we know that it is something that the government takes. seriously into consideration”assure Ben Aneff.
Read united states, wine importers concerned too American customs duties: French wines. spirits exporters, the government wants “exemptions”
In the meantime, Harry Root, who directs with his wife an import company and distribution of wines, claims to have paid “More than $ 100,000 in customs duties this year”. “We won less than $ 400,000 last year, so that is already equivalent to a 25% tax on our activity”he worries. “This strongly limits our ability to support American producers”insists Mr. Root. who, if he has not yet had to dismiss, delays the replacement of the employees who have left the company, the opposite of his development ambition displayed at the start of the year. “We have renounced it when customs duties have come true”in the hope of reducing costs. “It’s a particularly trying period”recognizes the entrepreneur.
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