Italian Wine Exports to US Stalled by Tariff Concerns
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Italian wine and spirits exports to the United States are facing challenges as a result of uncertainty surrounding potential tariffs imposed by President Donald Trump, according to trade group Federvini. Trump's threat of a 200% tariff on alcohol imports from Europe as part of an escalating trade conflict, including steel and aluminum, has caused hesitancy among importers. Federvini's president, Micaela Pallini, mentioned that importers are hesitant to ship products due to the risk of being subjected to tariffs upon arrival. Importers in the U.S. are worried about unsellable stock and increased prices, leading to a standstill in the market. Italian prosecco producers have already witnessed shipment halts to the U.S. due to tariff concerns. The trend has further affected shipments from Tuscan wine producer Ruffino, with 1 million bottles stuck at the port of Livorno after U.S. orders for March were canceled. Despite a surge in Italian sparkling wine exports to the U.S. in anticipation of new duties, the industry faces setbacks. Prosecco trade groups have raised concerns over potential tariff hikes and are calling for action at the national and European levels. The situation is uncertain, particularly as Italian Prime Minister Giorgia Meloni's friendly ties with Trump's administration may not fully benefit Italy given its strategic relations within Europe.

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