Atlanta wine lovers may soon be shelling out more cash for their favorite bottles due to an ongoing trade dispute between the United States and the European Union (EU).
In October, the United States Trade Representative implemented a 25 percent tariff on select European food products ranging from single malt whisky and wine to olive oil and cheese. The tariff is in retaliation for the EU’s illegal subsides to aerospace company Airbus.
Earlier this month, the Trump administration announced it was considering imposing further tariffs of up to 100 percent on EU products — including all European wines. The current tariffs only affect wines from France, Spain, Germany and the United Kingdom, and excludes sparkling wines, large format bottles, and wines over 14 percent alcohol.
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