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May 30, 2022 View:

EU Wine Business Federation calls for removal of tariff increase

Recently, the Confederation of European Wine Enterprises (CEEV), the Spanish Wine Federation (FEV) and 17 other business organizations (retail, restaurant, wine and spirits distributors) from the United States and the European Union sent a joint letter to the European and American authorities asking for an agreement to be reached as soon as possible to eliminate the pressure of the tariff increase policy on the wine industry.

Image courtesy of: Penin Guide Spain

According to a statement released last Thursday by the Spanish Wine Federation (FEV), they are asking the European Union and the United States to negotiate and reach a new agreement that would eliminate the additional tariffs charged on wine, create jobs and promote economic growth on both sides of the Atlantic. In addition to the European wine organizations, the letter has been signed in support by major associations in the U.S. wine industry, such as the Wine Institute, the American Wine Council, the American Wine Trade Alliance, the American Wine Retailers Association and the American Wine and Spirits Wholesalers Association.

The letter has been sent specifically to U.S. Trade Representative Robert Lighthizer and European Commission Vice President Valdis Dombrovskis, in which they mainly highlight the serious damage caused to the industry by the policy of additional tariffs, and they call on all parties to refrain from imposing new tariffs and to suspend the current tariff policy involved in the negotiations.