Effective from Saturday (12 April) China will raise tariffs on US goods in a tit-for-tat escalation which sees both countries now imposing tariffs of 125% on the other.
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Stéphane Séjourné, European commissioner for industrial strategy, has announced that tariffs against bourbon could be removed from the EU list of retaliatory tariffs against the US.
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Thanks to “Trump 2.0, tariffs are coming. It’s not a matter of if, but when”, WSTA chief executive Miles Beale said at a standout Wine Paris conference, where leading industry figures gathered to discuss how to manage and offset mounting geopolitical tensions and trade wars on the global wine trade.
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The EU’s announcement of a slate of retaliatory tariffs from 1 April on certain US imports has included a 50% tariff on American whiskey and other US spirits. The decision was part of the institution’s response to the Trump government’s recent tariffs on European steel and aluminium.
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Recent reports indicate the UK government could introduce an Australia-style youth mobility scheme for EU citizens as part of efforts to reset post-Brexit relations. The decision could have significant implications for the hospitality sector which has faced recruitment challenges since Brexit.
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Figures from the Scotch Whisky Association (SWA) reveals that the total global export value for Scotch whisky stood at £5.4bn for 2024. This represents a slight decline of 3.7% in exports by value compared to 2023.
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A mounting global trade war between the US and its three largest trading partners has reignited concern for businesses in markets such as the UK, as the Scotch whisky industry is still recovering from a £600m hole in its finances.
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Focusing on Bulgaria, Hungary and Romania for the EU’s More than Only Food & Drink campaign.
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The European Union has unveiled a new PR initiative designed to promote the virtues of continental food and drink to UK industry professionals – highlighting food safety, quality, authenticity and sustainability credentials.
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Alcohol consumption in Ireland has decreased by almost one-third over the past two decades, according to a new study.
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In a challenging year marked by inflationary woes, global wine consumption saw a significant dip, plunging to its lowest levels since 1996, according to the International Organisation of Vine and Wine (OIV).
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Set against the march of low & no, Jacopo Mazzeo reports on the first EU member state to approve a low abv threshold, with predictions of a ready uptake.
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Jo Gilbert clears up some of the confusion surrounding importer labels and FBOs, while looking ahead to other labelling changes in the pipeline.
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Following initial estimates from the European Commission in October 2023, Food and Wines from Spain (FWS) has revealed the country’s 2023 production to be 34m hl, around 14% less than in 2022.
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China has launched an anti-dumping investigation into brandy imported from the European Union, chiefly France.
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The UK government has permitted the sale of ‘pint’ sized still and sparkling wine across supermarkets, pubs, clubs and restaurants.
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As part of Europe’s Beating Cancer Plan, the largest modification to wine labelling in the EU in over a century comes into effect next month, forcing producers to embrace new technology, writes Jo Gilbert.
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Digital nutritional wine labels, accessible via QR Codes, will become mandatory in the EU on 8 December, meaning that UK businesses exporting or reexporting to this market have just under one month to ensure compliance.
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Champagne’s star has certainly risen of late – in fact, the sector has broken its own record. James Bayley has the figures behind the phenomenal growth.
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I realise that is a pretty dramatic title. But none of us should underestimate the game changing potential of the changes the UK government intends to introduce around wine beginning in early 2024.
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