Support for the EU wine sector against US tariffs

Summary

The European Parliament supports a new regulation providing flexibility for wine promotion programs to counter US tariffs.
9 10.03.2020
Other
wine
trade
economy
agriculture, forestry and fisheries

Key points

  • The decision addresses trade challenges caused by new 25% tariffs imposed by the US on EU quality wines.
  • New flexibilities are introduced to help the wine sector adapt to changing global market conditions.
  • The regulation allows for changes in which international markets are targeted by promotion efforts.
  • Promotional campaigns can now be extended beyond the previous five-year limit to support market consolidation.
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