European wineries demand that the wine sector be excluded from the EU-US trade conflict.

 

La trade tensions between the EU and the US., exacerbated by tariffs imposed on steel and aluminumThe situation has reached a critical point. The possibility that European wine will be included on the list of tariff countermeasures is causing deep concern in the wine sector, which fears becoming a "hostage" in a dispute that is not its own.

 

"Tariff retaliation creates economic uncertainty, leads to layoffs, delays investment, and increases prices throughout the supply chain, and ultimately, it is businesses and consumers in both the EU and the US who will bear these costs," he pointed out. CEEV.

 

José Luis Benítez, director general of the Spanish Wine Federation, has expressed his alarm at the president's announcement Donald Trump Regarding the imposition of a 200% tariff on wines and other alcoholic beverages from the EU: "Such a measure would exclude Spanish and European wines from the entire US market, and that is something we cannot afford."

 

 

Wineries are demanding that their wine be excluded from retaliation, warning of the devastating economic impact that could be felt by producers on both sides of the Atlantic.

 

 

Benítez has urged the Spanish government and the EU to begin urgent negotiations to resolve existing trade disputes. He has also called on the European Commission to remove wine from the list of products targeted for retaliatory measures, thereby protecting the economic vitality and diversity of the sector. "Wine cannot be a bargaining chip," he emphasized.

 

The United States is a crucial market for the european wineIn 2024, it was the second-largest destination for packaged Spanish still wines and the main market for sparkling wines. In total, Spanish wine exports to the US reached a value of €390 million last year.

 

The European wine sector warns that tariffs would not only harm producers, but also american consumers, which would see a significant increase in wine prices. This would also lead to job losses and slow economic growth in both regions.

 

The current situation requires a swift and effective diplomatic responseEuropean wineries trust that EU and US leaders will prioritize dialogue and find a solution that avoids irreparable damage to the wine sector.

 

 

 

Coexia®

AI in the foreign trade

Hi! I'm Coexia. How can I help you today with your internationalization strategy?
Coexia IA