Breaking News - EU Tariff Update!

The WTO has confirmed that the USA can impose tariffs on $7.5 Billion worth of goods from the EU, the largest amount ever awarded in a WTO case. The U.S. Trade Representative will now review and refine the list of items to be hit with tariffs, but, as we know, alcoholic beverages are currently included on the list. Multiple news outlets report that the list should be published next Wednesday or Thursday.  

The Trump administration has announced that the tariffs may be imposed by October 18th. Trade officials from the EU would still like to negotiate, but, if tariffs are imposed, it is clear that they will retaliate based on the expected ruling on the Boeing case.  

We will continue to keep you updated on this crucial issue that will adversely impact our industry. Please contact us if you have any questions.