Toasts Not Tariffs Asks for Duty-Free Treatment for EU Wine, Spirits
A group of trade associations that includes restaurants, wine shops, domestic distillers and bottle providers asked the president to allow European wines and spirits to enter the U.S. duty-free, in the case of spirits, and under most-favored nation rates, for wines, rather than the 15% EU reciprocal tariff rate.
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In an Aug. 6 letter, they said zero tariffs on both sides of the Atlantic for spirits, and the previous treatment of wine is fair and reciprocal.
They said the approaching Thanksgiving-New Year's period is the most important season for their industry, and projected that a 15% tariff on European wine and spirits "could result in more than 25,000 American job losses and nearly $2 billion in lost sales."