The tariffs did not affect Italian wines during Trump’s first presidency, and no tariff against European partners has been announced to date.
American importers accumulate proseccoItalian foam wine, as shown in the wine industry data, as a scope of the possible impact of the tariffs threatened by American President Donald Trump.
US Italian foamy wine imports (90% of the priest) 41 % was shot in NovemberAccording to the Italian Winery Union Trade Association, after Trump’s election, importers exceeded the demand of consumers because they fill the diversity for future sales. Lamberto Frescobaldi, the president of the association, will affect the Italian wines of the tariffs and consumers’ possibility of reducing these luxury, considering the possibility of reducing these luxury, “it was quite natural to make additional posts at the end of the year,” he said. The tariffs were much more expensive.
“Can we survive without a glass of wine? Yes a pleasure. However, this has a price, “Frescobaldi said to the AP agency this week.
Nevertheless, Prosecco gets importers and distributors ATTENTION PREASIES To protect the market. According to the Trade Federation, Italy exports almost one quarter of the wine to the United States, which is exposed to more likely tariffs than other Italian export products.
Last year, wine exports from Italy to the United States 1.9 billion euros ($ 1,970 million). Prosecco was the best -selling Italian wine in the United States last year and represented almost 40% of all sales.
First symptoms Market concern Even before Trump was elected, the prosecco posts made to the USA in the first 10 months of 2024 increased by 17%. This is compared to the following two markets with a single digit more modest increases, Great Britain and Germany and USA exceeds consumptionThis increased only 0.6% in the period.
“An important figure we don’t expect is an important figure,” Giancarlo Guidolin, President of the Doc consortium, the largest of Prosecco’s three consortiums in Italy. “We believe there is a product increase in the warehouse.”
Another factor in the biggest deliveries Port Strike Threat In January, Dina Opici, President of Wine & Spirits Wholes of America. “This, considering that there may be open tariffs, I think people probably gave people a higher comfort to make this investment.” He said.
Additional resources • Lucía Blasco (voice over)
