In the near future, alcohol can be high, it causes the care of alcohol buyers in the popular family network stores.
President of Wine and Spirits Leonard Blake Leonard said on Monday at Fox Business This is the threat of President Donald Trump to impose a 200% tariff for European alcohol imports, inspired some buyers to abandon potential prices and stock up on his favorite drinks.
“Last weekend … Customers have accumulated and this is an uncertain time,” said Leonard Maria Bartiram. “We do not know what will happen, but now it will not hurt to get out and capture a favorite bottle of wine or spirit, especially Tequila or champagne.”
Trump threatens 200% tariff for French wine, other EU alcoholic products
On March 13, 2025, in San -SEP, California, a bottles of French and Italian wine on the shelf in the grocery store. US President Donald Trump is threatening 200 % alcohol from European Union countries. (Justin Sullivan / Getti Image / Getti Image)
Trump has issued a tariff threat after recently the European Union has announced that it would continue with the planned tariff by 50% on US whiskey, writing partly about social truth that the location of tariffs on European beverages “will be great for wines and champagne enterprises in the US”
Its threat comes against the backdrop of other tariffs and tariffs imposed.
The proposed tariffs for European alcoholic products will be focused on popular items such as French and Italian wines, potentially forcing US consumers to consider wines and perfumes at the domestic level.
For one example, Leonard raised a bottle of champagne Europe, which is usually sold for $ 60. Californian foamy wines Made in the same style, sell about half the cost.
President Donald Trump goes through the South lawn to sit in the marine infantry in the White House on March 7, 2025 in Washington, Columbia County (Kayla Bartkowski / Getty Images / Getty Images)
“You have a lot of such opportunities where you can switch consumers. During Covid as we saw, they had to turn. They had to try something new,” she said.
“(This) is the same as here, a sanser from France can only be done in this region. You can go and find a great bottle of some of your blankets from California, so consumers will have to do so because the cost of these imported products will be so expensive on the shelf.”
Out of the other Tariffs on alcohol imports were also supposed to be introduced.
Participants of the Barron discussion chat on the impact of tariffs and stocks.
“Our suppliers … They have accumulated. They planned it. They really expected it to come, so they accumulated their warehouses and alcohol as they can spend about six months now,” Leonard said.
Half of wines and spirits are currently selling from Europe. Leonard said the tariff would affect the sale of these products.
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Fox Business’ Daniella Genovese contributed to this report.
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2025-03-17 16:52:00
