U.S. Government Pauses Tariffs on European Wines
The Biden administration has suspended the 25 percent duties while negotiations continue; wine merchants breathe big sigh of relief
Katherine Tai speaks to U.S. senators during her confirmation hearing. One of her first acts as U.S. Trade Representative has been to suspend tariffs on European wine.
(Tasos Katopodis/Getty)
By
Mar 5, 2021
The U.S. government has paused the tariffs on most French, Spanish and German wines, bringing economic relief to European winemakers, American merchants and wine consumers, at least for four months. The suspension, announced by the Office of the United States Trade Representative today, is intended to ratchet down tensions as the U.S. and European Union negotiate a solution to a long fight over government aid to airplane manufacturers.