Additional Tariffs on EU Products?

Posted 12/03/2019

Not only did President Trump announce potential tariffs of 100% on French champagne and other products based on retaliation for a digital tax being applied on USA tech companies, but now the USTR announced today that it is reviewing the list of EU retaliatory tariffs implemented last October for potential additions to the list or changes in the tariff. Of course, this is all bad news for the alcoholic beverage industry.

Below please find a link to the USTR report as well as a link to the news on the potential new tariffs. We will be watching both of these items closely and will keep you updated.

USTR Report

CNBC News Statement