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Wine and spirits industry left on ice as sector overlooked in EU-US trade negotiations
Fox Business· 2025-07-29 01:10
As the EU–U.S. trade deal advances, the wine and spirits industry on both sides of the Atlantic remains iced out. The new agreement, secured by President Donald Trump over the weekend, imposes a 15% tariff on European goods but does not contain a decision regarding the wine and spirits industry. European Commission President Ursula von der Leyen said on Sunday that an agreement for the alcohol trade market would be put together in the coming weeks.FROM BOURBON TO BORDEAUX: TRUMP'S TARIFFS SPILL INTO GLOBAL ...