BEVCOMMUNITY

Connect with the local beverage industry. Trade news, trends and insights.

USTR Holds European Tariff Rates in Place

By August 22, 2020Top News

The United States Trade Representative (USTR) announced on August 13 that the current 25% tariff will remain in place on single-malt Scotch, single-malt whiskey from Northern Ireland, and liqueurs and cordials from the U.K., Germany, Ireland, Italy, and Spain, or wines from France, Spain, Germany, and the U.K. Both the Wine & Spirits Wholesalers of America and the Distilled Spirits Council issued statements about the severe damage the tariffs are having on American businesses alongside the compounding impact of the COVID-19 pandemic. While the tariffs were not further escalated as was threatened, the current situation has created negative impacts from higher prices to job losses. A bipartisan group of U.S. senators called for the removal of tariffs on wine, spirits and food from the European Union.

 

 

« | »