Mainecat Posted December 13, 2019 Share Posted December 13, 2019 Trump Administration Considers 100 Percent Tariffs on All European Wines As European vintners struggle to maintain sales in U.S. markets with a 25 percent tariff in place on many wines, they face a new potential hurdle. The Office of the U.S. Trade Representative (USTR) has announced that it is considering new, higher tariffs on European foods, including all wines (both still and sparkling, regardless of alcohol level). Those tariffs, which would be imposed early next year, could be as high as 100 percent. Until now, most consumers were not feeling the impact of the 25 percent tariffs, as importers and vintners swallowed the cost in hope of maintaining sales. That won't be possible with the new, higher tariffs. "I'm freaking out. And I don't normally freak out," said one wine importer who asked not to be identified. "We were planning to hire new people. That could be shelved and we could potentially have to consider layoffs." The proposed tariffs are the latest salvo in the U.S. government's fight with the European Union over support for airplane manufacturers Airbus and Boeing. On Oct. 2, the World Trade Organization (WTO) gave the U.S. the green light to impose duties on $7.5 billion worth of European goods after the E.U. was found guilty of unfair subsidies to Airbus. The following day, the Trump administration announced 25 percent tariffs on a wide range of European products, including wine, cheese, olive oil, single-malt Scotch and cashmere sweaters, which went into effect Oct. 18. https://www.winespectator.com/articles/trump-administration-considers-increased-tariffs-on-all-european-wines?utm_campaign=BreakingNews121319A&utm_source=BreakingNews121319&utm_medium=email&utm_content=06136da64d94599140b32229e92119a4 Quote Link to comment Share on other sites More sharing options...
AKIQPilot Posted December 13, 2019 Share Posted December 13, 2019 Good. Domestic wines are better anyway. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted December 13, 2019 Platinum Contributing Member Share Posted December 13, 2019 Wgaf . only 6% of the population drinks that disgusting shit anyways 1 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted December 13, 2019 Author Share Posted December 13, 2019 Why not just close our borders like Kim? Quote Link to comment Share on other sites More sharing options...
Edmo Posted December 13, 2019 Share Posted December 13, 2019 9 minutes ago, Mainecat said: Why not just close our borders like Kim? Do you understand why this is being proposed? The French are talking about new taxes for companies like google and Facebook. Do some homework before you start crying... Quote Link to comment Share on other sites More sharing options...
MILFMAN Posted December 13, 2019 Share Posted December 13, 2019 That's quite a reach...... Quote Link to comment Share on other sites More sharing options...
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