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Big coup for France: American customs tasks on wines and spirits will be 15% on August 1 (before a possible agreement)

EU officials and diplomats told Reuters that wines and spirits exported to the United States will receive a 15% tax this Friday. Negotiations to obtain a lower rate will continue in parallel.

The wines and spirits of the European Union (EU) will be subject to customs tasks of 15% in the United States from August 1 until an agreement possibly concludes within the framework of negotiations that should continue in autumn, said EU with Reuters on Thursday.

Although US customs duties on European wines and spirits are currently 10%, the EU wishes to bring them back to zero or at least, for wine, if the rate is established in accordance with the principle of “the most favored nation” (NPF), that is, on the basis of a fixed cost per liter instead of percentage.

The negotiations continue

When asked about the surcharge that could be applied to European producers of wines and spirits as of August 1, unless it is a specific agreement, a European official close to negotiations replied: “15%”.

A high -ranking diplomat close to the negotiations, meanwhile, told Reuters that the discussions about Customs duty on the wine would continue after the completion of a joint statement from the EU and the United States on the framework agreement announced on Sunday by President Donald Trump and the head of the European Commission Ursula von der Leyen.

“(This will take place) probably in autumn. My understanding of things is that they must apply the rate of 15%. It is less clear for the spirits, for which I know that an old agreement must always be in force for zero customs or set according to the NPF,” said the diplomat.

France presses an exemption

According to the Minister of Agriculture, Annie Genevard, the sector will be one of the main losers in customs tariff “and” what will be “that” we have “,” and “and” what will be “that” we have “,” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y “y” y ” It is already affected by Chinese taxes and experience crises, such as the wine sector, “he continued.

Author: PL with Reuters
Source: BFM TV

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