09.24.2018  
 

Wine Institute releases statement U.S. wine tariff

San Francisco, Calif.—The Wine Institute released a statement on Sept. 19 regarding the additional China tariff increase on U.S. wine. According to the statement, effective Sept. 24, China will add another 10% tariff on U.S. wine imports to the country. The additional 10% tariff is on top of a previous 15% tariff increase implemented in April 2018. When compounded, the new total tax and tariff rate will equal 79%. This action is in response to the U.S. government increasing tariffs on certain consumer goods from China. “China continues to be an important market for California wines, but tariffs put our products at a price disadvantage,” said Robert P. Koch, president and CEO of the Wine Institute in the public statement. "We will continue our full slate of promotional activities there to engage Chinese consumers who are increasingly attracted to California wines.”

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