US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

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Greg K
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Re: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

#1551 Post by Greg K »

Mark Golodetz wrote: January 4th, 2021, 8:02 am
AndrewH wrote: January 4th, 2021, 7:58 am

The good news is that the tariffs don't hit Champagne - handbags, soaps, and cosmetics.
Great news. Now I can sit fresh from my shower, with my Clinique make up, sporting my Hermès bag with a glass of Krug without worrying about tariffs. newhere
As our people say Mark, how is this night different from other nights? :)
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Re: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

#1552 Post by Markus S »

Steve Gautier wrote: December 31st, 2020, 5:23 am Since the Bloomberg article was behind a paywall, not sure if this is new info or not.

At least this levels the playing field... :-P
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Re: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

#1553 Post by Mattstolz »

so is this new tariff basically now ALL French still wines have a flat tariff of 25%, or is this adding a new 25% on top of the original 25% that was already in place for some wines?

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D@vid Bu3ker
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Re: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

#1554 Post by D@vid Bu3ker »

Mattstolz wrote: January 4th, 2021, 4:25 pm so is this new tariff basically now ALL French still wines have a flat tariff of 25%, or is this adding a new 25% on top of the original 25% that was already in place for some wines?
Basically everything except a Champagne is at 25%.
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Re: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

#1555 Post by John Morris »

Matt -- It's "additional products," added because the original set of goods subject to the tariff fell well below the authorized $7.5 billion, apparently in part because exports of affected products to the US fell!
https://ustr.gov/sites/default/files/fi ... Notice.pdf
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Re: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

#1556 Post by Mattstolz »

John Morris wrote: January 4th, 2021, 4:36 pm Matt -- It's "additional products," added because the original set of goods subject to the tariff fell well below the authorized $7.5 billion, apparently in part because exports of affected products to the US fell!
https://ustr.gov/sites/default/files/fi ... Notice.pdf
D@vid Bu3ker wrote: January 4th, 2021, 4:35 pm
Mattstolz wrote: January 4th, 2021, 4:25 pm so is this new tariff basically now ALL French still wines have a flat tariff of 25%, or is this adding a new 25% on top of the original 25% that was already in place for some wines?
Basically everything except a Champagne is at 25%.
thanks for the clarification yall.

Sooo... Barolo and Champagne when we all get vaccines?

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Re: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

#1557 Post by D@vid Bu3ker »

Pretty much.
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Re: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

#1558 Post by AndrewH »

AndrewH wrote: January 4th, 2021, 7:58 am Looks like the tariffs in response to the France Digital Services Tax are set to go into effect tomorrow: https://www.politico.com/newsletters/we ... ute-792544

The good news is that the tariffs don't hit Champagne - handbags, soaps, and cosmetics.
Called off for now. https://ustr.gov/about-us/policy-office ... estigation

But the PR suggests it will come back after consideration of the other countries' DSTs as well.
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Re: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

#1559 Post by D@vid Bu3ker »

This still leaves the bad updates to the aircraft dispute tariffs.
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Re: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

#1560 Post by AndrewH »

D@vid Bu3ker wrote: January 7th, 2021, 12:27 pm This still leaves the bad updates to the aircraft dispute tariffs.
True. But load up on handbags!
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Re: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

#1561 Post by JohnP »

The new round of tariffs take effect today, January 12. The new round extends those 25% tariffs to wines from France and Germany that are over 14% alcohol (Spain dodged the bullet this time), as well as those in packaging larger than two liters.

https://www.foodandwine.com/news/wine-t ... ake-effect
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