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Spanish Winemakers Brace for Potential U.S. Tariffs
Anewz
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.
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Morning Brief
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