The US is the main market of green wines. If the tariff announced by Donald Trump advances, it may mean large breaks in Portuguese exports.
Following the announcement of the European Union of the possible application of American whiskey tariffs, Donald Trump was soon reacting. In the way of counteramea, it says it will impose 200% rates on witty wines and beverages.
“Upon entering the market they will have to pay this fee, so in the fund who will pay is the US consumer. (…) A wine sold at $ 15 and that is going to $ 40… the consumer will not consume so often ”, stresses winemaker Carlos Teixeira.
The US is the Main Market of Green Wines. If the fare advances, it may mean large breaks in exports.
“The only impact that worries us is that an entry rate will necessarily lower sales. [EUA] They are an important market for us, ”adds the winemaker.
For now, it’s just a threat. Still, I started thinking about a plan B. Companies like the mother -in -law are reinforcing stocks in the USAin order to mitigate possible disturbances.
