AT a few weeks before the end of its mandate, the Trump administration announced that it was preparing to impose additional tariffs on European products, in particular wines (excluding sparkling wines such as champagne) and Cognac. As of January 12, 2021, customs fees will increase further. A hard blow for all French winegrowers. In the Rhône valley, this winegrower sold 17% of his production across the Atlantic. “It had become the first market for wines from the Rhône valley“, deplores Philippe Pellaton.
Since October 2019, the United States has already imposed a 25% customs duty on still wines below 14 degrees, sold in containers of less than two liters. AT the origin of this new retaliatory measure by the Trump administration: the trade war between Boeing and Airbus. A battle of which the winegrowers are today the collateral victims. “These are the settling of scores that are completely beyond us, we are powerless to make these decisions, we cannot reduce our prices“, notes Anne Arbeau, export manager for Arbeau vineyards.
According to winegrowers, the shortfall could exceed one billion euros.
The only glimmer of hope, the coming to power of Joe Biden, who could add water to his wine.
Alongside the @FEVS_France and like the other wines and spirits affected by the announcement of new American customs duties, the Cognac sector calls on the French and European authorities to initiate discussions without delay with the future President of the United States. https://t.co/YXkJhT3oMs
– Cognac (@Cognac_Official) December 31, 2020