Spanish winemakers are safeguarding sales by stockpiling inventory ahead of possible U.S. tariffs
A leading Spanish winery is preparing for potential U.S. tariffs on European Union products by stockpiling extra inventory in the American market. Protos, a renowned winery from Spain’s Ribera del Duero region, has shipped enough wine to sustain sales for up to six months in case tariffs—potentially as high as 10%—are imposed.
Industry data shows that other Spanish wineries are taking similar precautions, while U.S. companies rush to import European goods such as auto parts, Italian parmesan, and French cognac ahead of possible tariffs.
According to the Spanish Wine Federation, Spain’s wine exports to the U.S. surged 20% in December, a trend partially driven by importers stockpiling ahead of trade uncertainties. The U.S. remains the second-largest export market for Spanish wines, following Germany, with Protos alone exporting around 250,000 bottles annually.
Past U.S. tariffs on European wines, such as the 25% duties imposed in 2019 under Donald Trump's administration, largely spared Spain.
With trade tensions rising, Spanish winemakers are taking proactive steps to safeguard their position in the U.S. market, ensuring continued availability for American consumers despite looming uncertainties.
Ukraine’s Air Force lost an F-16 fighter jet on Friday following an in-flight malfunction; the pilot ejected safely after diverting the aircraft from populated areas, and investigators say there’s no indication of Russian fire.
The United States has warned Vietnam that its \$123 billion trade deficit is “unsustainable” as both nations enter reciprocal tariff negotiations, prompting Hanoi to crack down on illicit transshipments and seek greater imports of U.S. high-tech goods.
On May 19, London and Brussels are set to kick off their first annual summit, prioritizing a new UK–EU defense and security pact even as negotiations continue with Washington over tariff relief on British steel, cars and aerospace components.
Archer Aviation’s four‑seat “Midnight” electric air taxi will shuttle fans, VIPs and support teams between major LA28 venues—SoFi Stadium, the Coliseum, LAX and more—in 10–20 minute hops, marking the first use of eVTOLs at any Olympic Games.
On May 16, 2025, Tirana, Albania, hosts the sixth European Political Community (EPC) Summit. Under the theme "A New Europe in a New World: Unity – Cooperation
Ukraine’s Air Force lost an F-16 fighter jet on Friday following an in-flight malfunction; the pilot ejected safely after diverting the aircraft from populated areas, and investigators say there’s no indication of Russian fire.
The United States has warned Vietnam that its \$123 billion trade deficit is “unsustainable” as both nations enter reciprocal tariff negotiations, prompting Hanoi to crack down on illicit transshipments and seek greater imports of U.S. high-tech goods.
In a high‑stakes May 18 runoff, nationalist George Simion and centrist Nicușor Dan clash in a tight race that could steer Romania’s political and European trajectory for years to come.
On May 19, London and Brussels are set to kick off their first annual summit, prioritizing a new UK–EU defense and security pact even as negotiations continue with Washington over tariff relief on British steel, cars and aerospace components.
Archer Aviation’s four‑seat “Midnight” electric air taxi will shuttle fans, VIPs and support teams between major LA28 venues—SoFi Stadium, the Coliseum, LAX and more—in 10–20 minute hops, marking the first use of eVTOLs at any Olympic Games.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
Start your day informed with AnewZ Morning Brief: here are the top news stories for May 16th , covering the latest developments you need to know.
Ukraine’s Air Force lost an F-16 fighter jet on Friday following an in-flight malfunction; the pilot ejected safely after diverting the aircraft from populated areas, and investigators say there’s no indication of Russian fire.
The United States has warned Vietnam that its \$123 billion trade deficit is “unsustainable” as both nations enter reciprocal tariff negotiations, prompting Hanoi to crack down on illicit transshipments and seek greater imports of U.S. high-tech goods.
In a high‑stakes May 18 runoff, nationalist George Simion and centrist Nicușor Dan clash in a tight race that could steer Romania’s political and European trajectory for years to come.
On May 19, London and Brussels are set to kick off their first annual summit, prioritizing a new UK–EU defense and security pact even as negotiations continue with Washington over tariff relief on British steel, cars and aerospace components.
Ukraine’s Air Force lost an F-16 fighter jet on Friday following an in-flight malfunction; the pilot ejected safely after diverting the aircraft from populated areas, and investigators say there’s no indication of Russian fire.
The United States has warned Vietnam that its \$123 billion trade deficit is “unsustainable” as both nations enter reciprocal tariff negotiations, prompting Hanoi to crack down on illicit transshipments and seek greater imports of U.S. high-tech goods.
In a high‑stakes May 18 runoff, nationalist George Simion and centrist Nicușor Dan clash in a tight race that could steer Romania’s political and European trajectory for years to come.
On May 19, London and Brussels are set to kick off their first annual summit, prioritizing a new UK–EU defense and security pact even as negotiations continue with Washington over tariff relief on British steel, cars and aerospace components.
Archer Aviation’s four‑seat “Midnight” electric air taxi will shuttle fans, VIPs and support teams between major LA28 venues—SoFi Stadium, the Coliseum, LAX and more—in 10–20 minute hops, marking the first use of eVTOLs at any Olympic Games.
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