The National Association of Wine Retailers have issued an official statement concerning U.S. tariffs on EU Wines.
The impact of imposing additional tariffs on wine from France will be devastating. The tariffs already in place or proposed as a result of the WTO Airbus dispute, together with the tariffs proposed as part of the France DST dispute, are estimated to result in the loss of $10.6 billion in revenue for wine retailers and, as a result, the loss of 78,000 American jobs in the wine industry.