Will Wine Prices Rise?

Wine prices may rise soon?! The U.S. is slapping a 20% tariff on European wines. Big news for wine lovers!

In April 2025, U.S. President announces tariffs on imported wine
Tariffs on imported wine
Retaliatory Tariffs: Tariffs on European wine could lead to retallatory tariffs on American wine, weakening U.S. Wines on the international market.
Past Record: China imposed tariffs on U.S. wine in 2018, leading to a 25% drip in U.S. wine exports to China to around $59 million. Italy’s wine exports to the U.S. total about €328M annually.

 

*Tariff rates are subject to change. The information provided is current as of April 8, 2025.

TAGS:

Wine 101

Glossary: Kosher

Next Post