US importers stockpiling Italian prosecco amid fears of potential tariffs
Source:
Euronews.com
3 months ago
US importers are stockpiling Italian prosecco in anticipation of potential tariffs from President Trump on EU products. Following Trump's election, imports of Italian sparkling wine surged by 41%, exceeding demand. The trade association reports that while Italian wines were exempt from tariffs during Trump's first term, importers are taking precautions. Prosecco has become the top-selling Italian wine in the US, with exports totaling €1.9 billion last year. Full article (Euronews.com)